When must a DryJect franchisee provide written notice of their Operating Principal?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) If You are a business entity, You must appoint an individual owner as Your Operating Principal who must have authority over all business decisions related to Your Franchised Business and must have the power to bind You in all dealings with Us. Your Operating Principal must have at least a twenty percent (20%) ownership interest in Your business entity. You must provide Us with written notice of Your Operating Principal at least thirty (30) days prior to opening and may not change Your Operating Principal without Our prior written approval.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to DryJect's 2025 Franchise Disclosure Document, if the franchisee is a business entity, they must appoint an individual owner as their Operating Principal. This Operating Principal needs to have authority over all business decisions related to the DryJect Franchised Business and must have the power to bind the franchisee in all dealings with DryJect. The Operating Principal is required to have at least a 20% ownership interest in the franchisee's business entity.
The franchisee must provide DryJect with written notice of their Operating Principal at least 30 days prior to opening their DryJect franchise. Furthermore, the franchisee cannot change their Operating Principal without obtaining DryJect's prior written approval.
This requirement ensures that DryJect has a clear point of contact with sufficient authority within the franchisee's organization. It also allows DryJect to maintain standards and consistency across its franchise network by ensuring that a qualified individual is managing the business. The 30-day notice period allows DryJect time to review and approve the designated Operating Principal before the franchise begins operations.