How does Dryject handle foreign currency transactions?
Dryject Franchise · 2025 FDDAnswer 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 transactions are conducted in U.S. dollars. The document specifies that all fees are billed and paid in U.S. dollars. As a result, Dryject does not experience any foreign currency gains or losses, and it holds no foreign assets or liabilities.
For a prospective franchisee, this means that all financial dealings with Dryject, including franchise fees, royalties, and any purchases from the company, will be in U.S. dollars, regardless of where the franchisee is located. This simplifies financial planning and eliminates the risks associated with currency exchange rate fluctuations.
This policy is fairly standard for U.S.-based franchises, as it centralizes financial operations and avoids the complexities of managing multiple currencies. Franchisees operating outside the U.S. will need to convert their local currency to U.S. dollars to meet their financial obligations to Dryject.