To whom is the initial franchise fee paid for a Dryject franchise?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of | Amount | Method of | When Due | To Whom |
|---|---|---|---|---|
| Expenditure | Payment | Payment is to be Made | ||
| Initial | $29,500 | Lump Sum | Upon signing of | Us |
| Franchise Fee (Note | Franchise | |||
| 1) | Agreement |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–24)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the initial franchise fee of $29,500 is paid to "Us," which refers to the franchisor. This fee is due in a lump sum upon signing the Franchise Agreement and after Dryject approves the Franchise Owner.
In addition to the initial franchise fee, the FDD outlines other initial investments that are paid to different entities. For example, initial inventory costs, estimated between $2,500 and $3,500, are paid to Dryject, its affiliate, and approved vendors. Signage costs, ranging from $650 to $750, are paid to vendors. The equipment package, costing either $3,000 for a lease or $166,500 for a purchase, is paid to Dryject, its affiliate, or a lessor.
Prospective franchisees should note that the initial franchise fee is just one component of the total initial investment, which ranges from $46,100 to $301,950. Understanding where each payment is directed is crucial for budgeting and financial planning. It is also important to note that Dryject has the right to negotiate purchase agreements for certain equipment or supplies, which could potentially alter the payment structure.