factual

For how long after expiration, termination, or transfer of the franchise agreement does Dryject retain the right to submit charges for outstanding balances?

Dryject Franchise · 2025 FDD

Answer from 2025 FDD Document

We will submit charges only for the correct Royalty Service Fees, National Marketing Fund Fees and other outstanding balances due as required by your Franchise Agreement and retain this right for up to six months after expiration, termination or transfer.

Source: Item 6 — OTHER FEES (FDD pages 14–18)

What This Means (2025 FDD)

According to Dryject's 2025 Franchise Disclosure Document, Dryject retains the right to submit charges for outstanding balances for up to six months after the expiration, termination, or transfer of the franchise agreement. This includes Royalty Service Fees, National Marketing Fund Fees, and any other outstanding balances that are due as required by the Franchise Agreement.

This provision ensures that Dryject can collect any remaining debts owed by the franchisee even after the franchise relationship has ended. It is important for prospective franchisees to understand that their financial obligations to Dryject may extend beyond the term of the franchise agreement itself. Franchisees should maintain accurate records of all payments made to Dryject to avoid potential disputes over outstanding balances.

It is common practice in franchising for franchisors to have a period after the termination or transfer of an agreement to reconcile accounts and collect any outstanding fees. The six-month period provided by Dryject appears to be a reasonable timeframe for this purpose. Franchisees should carefully review the terms of the franchise agreement to fully understand their obligations regarding payment of fees and the franchisor's rights to collect outstanding balances after the franchise relationship ends.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.