How often are Dryject franchise fees billed?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
The 2025 Dryject Franchise Disclosure Document does not explicitly state how often franchise fees are billed. However, Addendum F of the franchise agreement discusses an Electronic Funds Transfer (EFT) Authorization Agreement for direct payments, which authorizes Dryject Management, LLC to initiate electronic transfers for payment of Royalty Service Fees or other amounts owed to Dryject Management, LLC.
This authorization remains in effect until the termination or expiration of the underlying Franchise Agreement with Dryject Management, LLC. If the franchisee does not have enough money in their account to cover the transfer, or if their Financial Institution refuses to honor a transfer, the franchisee is responsible for separately paying the charges owed under the Franchise Agreement with Dryject Management, LLC.
Because the FDD does not specify the billing frequency, a prospective franchisee should ask Dryject for clarification on how often these fees are billed (e.g., weekly, monthly, quarterly) and whether there are any variations in billing cycles. Understanding the billing schedule is crucial for managing cash flow and financial planning as a Dryject franchisee.