What financial assurance has the Maryland Securities Commissioner required for Dryject franchises?

According to the 2025 Dryject FDD, the Maryland Securities Commissioner has mandated a financial assurance due to Dryject's financial condition. This assurance requires that all initial fees and payments owed by franchisees in Maryland be deferred. This deferral remains in effect until Dryject fulfills its pre-opening obligations as outlined in the franchise agreement.

For a prospective Dryject franchisee in Maryland, this means they will not have to pay the initial franchise fee or any other payments until Dryject has completed all of its responsibilities to get the franchise location ready for business. This provides a level of financial protection to the franchisee, ensuring that they are not paying fees upfront before Dryject has delivered on its promises.

This requirement protects the franchisee's initial investment. It ensures Dryject is incentivized to promptly and completely fulfill its pre-opening obligations. This type of financial assurance is not universally required in franchising, but it is sometimes imposed by state regulators when there are concerns about a franchisor's financial stability.