How are Dryject franchise fees billed?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
ithin which to remedy any claim deficiencies), the renewal provisions will be superseded by the requirements of the |### ADDENDUM F TO FRANCHISE AGREEMENT ELECTRONIC FUNDS TRANSFER (EFT) AUTHORIZATION AGREEMENT FOR DIRECT PAYMENTS
I (We, if joint account) the undersigned hereby authorize DryJect Management, LLC, a Pennsylvania limited liability company, with principal offices at 307 Lincoln Avenue, Hatboro, Pennsylvania 19040, to initiate electronic transfer of funds out of my (our) primary Checking or Savings selected below at the Financial Institution indicated, for payment of Royalty Service Fees or other amounts which I may owe DryJect Management, LLC. I (We) acknowledge that the origination of Automated Clearing House (ACH) transactions to my (our) account must comply with the provisions of the United States law. All costs and expenses, including any resulting from the dishonor by my (our) bank of any electronic funds transfer, shall be my (our) sole responsibility. This authorization is irrevocable and shall remain in effect until the termination or expiration of the underlying Franchise Agreement with DryJect Management, LLC. If I (we) do not have enough money in my (our) account to cover the transfer or if my (our) Financial Institution for any other reason refuses to honor a transfer, I (we) will separately pay for the charges I (we) owe under my (our) Franchise Agreement with DryJect Management, LLC.
| AMENDMENT TO DRYJECT MANAGEMENT, LLC | |
|---|---|
| FRANCHISE AGREEMENT | |
| REQUIRED BY THE STATE OF MINNESOTA | |
| THIS RIDER (the “Rider”) is effective as of _______________________, 20 (the | |
| “Agreement Date”), and amends the Franchise Agreement dated ________, 20 | |
| (the “Agreement”), between DRYJECT MANAGEMENT, LLC (hereinafter referred to as | |
| “DryJect” or “Company”), with its principal office at 307 Lincoln Ave., Hatboro, PA | |
| 19040 and _______________ (“Franchise Owner”), whose mailing address is | |
| _______________. | 1. Precedence and Defined Terms. This Rider is an integral part of, and is incorporated into, the Agreement. Nevertheless, this Rider supersedes any inconsistent or conflicting provisions of the Agreement. |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the company uses electronic funds transfer (EFT) for collecting payments. As part of the franchise agreement, franchisees authorize DryJect Management, LLC to initiate electronic transfers from their designated checking or savings account for royalty service fees or any other amounts owed to the company.
This authorization remains in effect throughout the term of the franchise agreement. The franchisee is responsible for all costs and expenses related to these transactions, including any fees resulting from a dishonored transfer due to insufficient funds or any other reason. If a transfer is rejected, the franchisee is obligated to pay the owed charges separately.
For franchisees in Maryland and Minnesota, there are specific amendments to the standard billing process. In Maryland, all initial fees and payments are deferred until Dryject completes its pre-opening obligations under the franchise agreement, a requirement made by the Maryland Securities Commissioner based on Dryject's financial condition. Similarly, in Minnesota, all initial fees and payments are deferred until Dryject has fulfilled its initial pre-opening obligations and the franchise is open for business. This deferral of fees could be beneficial for new franchisees as it reduces the initial financial burden, allowing them to focus on setting up their business before having to pay franchise fees.