How is the Dryject Renewal fee calculated?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
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| Name of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Royalty Service Fee | The greater of: 8% of | On the 15th day of the |
Source: Item 6 — OTHER FEES (FDD pages 14–18)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the renewal fee is calculated as 20% of the then-current Initial Franchise Fee. This fee is due upon signing the Franchise Agreement for renewal. This means that the cost to renew your Dryject franchise will depend on what the initial franchise fee is at the time you decide to renew, not what you originally paid.
For a prospective franchisee, this implies that budgeting for renewal should account for potential increases in the initial franchise fee over time. It would be prudent to inquire with Dryject about the historical trends of their initial franchise fee to better estimate future renewal costs.
Franchise agreements typically include renewal options, but the fees and conditions can vary widely. Understanding how the renewal fee is determined is crucial for long-term financial planning as a Dryject franchisee.