When is the payment for the Base Equipment Package due to Dryject?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
ng on a month-to-month basis under the terms and conditions of Our then-current form of franchise agreement. In such circumstances, and notwithstanding the foregoing, We may, on ten (10) days written notice, terminate Your Franchise Agreement.
7. FRANCHISEE'S PAYMENTS
(a) You shall pay to Us an Initial Franchise Fee of Twenty-Nine Thousand Five Hundred Dollars ($29,500.00), payable by a certified or cashier's check. Such Initial Franchise Fee shall be due and payable in full upon the execution of this Agreement. You understand and acknowledge that the Initial Franchise Fee is non-refundable and is fully earned by Us at the time the parties execute this Agreement.
- (b) You agree to purchase from Us all proprietary equipment required to operate the Franchis
Source: Item 23 — RECEIPT (FDD pages 50–68)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the purchase price for the Base Equipment Package, which is $166,500.00, is due upon the earlier of three conditions. These conditions are: commencement of the Initial Training Program, shipment of the Base Equipment Package to the franchisee, or 90 days after the effective date of the franchise agreement.
This means a prospective Dryject franchisee needs to be prepared to pay the $166,500 for the equipment package as soon as any of these three events occur. Payment could be required before training begins, when the equipment ships, or within 90 days of signing the agreement, regardless of whether training has started or equipment has been received.
It is important to note that the fee for the Base Equipment Package is considered fully earned by Dryject upon the execution of the agreement and is non-refundable. This highlights the importance of carefully considering the timing of these events and ensuring sufficient funds are available when the payment becomes due, as the franchisee will not be able to get a refund.