factual

Are Dryject fees billed and paid in a currency other than US dollars?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

Foreign Currency Transactions - All fees are billed and paid in US dollars. There are no foreign currency gains or losses. There are no foreign assets or liabilities.

Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, all fees are billed and paid in U.S. dollars. The document explicitly states that there are no foreign currency gains or losses, and no foreign assets or liabilities. This indicates that Dryject does not conduct transactions in currencies other than U.S. dollars.

For a prospective Dryject franchisee, this means that all initial and ongoing fees, as outlined in the franchise agreement, must be paid in U.S. dollars. This simplifies financial transactions and eliminates the complexities associated with currency exchange rates and potential fluctuations. Franchisees do not need to worry about converting funds from other currencies or dealing with potential losses due to exchange rate variations.

This policy is fairly standard in the franchise industry, particularly for franchises operating primarily within the United States. By conducting all transactions in U.S. dollars, Dryject ensures consistency and transparency in its financial dealings with franchisees. This reduces potential accounting complexities and simplifies financial reporting for both the franchisor and the franchisees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.