Under what conditions can a DryJect franchisee change their Operating Principal?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) If You are a business entity, You must appoint an individual owner as Your Operating Principal who must have authority over all business decisions related to Your Franchised Business and must have the power to bind You in all dealings with Us. Your Operating Principal must have at least a twenty percent (20%) ownership interest in Your business entity. You must provide Us with written notice of Your Operating Principal at least thirty (30) days prior to opening and may not change Your Operating Principal without Our prior written approval.
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to DryJect's 2025 Franchise Disclosure Document, if a DryJect franchisee is a business entity, they must appoint an individual owner as their Operating Principal. This Operating Principal needs to have the authority over all business decisions related to the franchise and must be able to legally bind the franchisee in all dealings with DryJect. The Operating Principal must also have at least a twenty percent ownership interest in the business entity.
Before opening the franchise, the franchisee must provide DryJect with written notice of their Operating Principal at least thirty days in advance. The franchisee cannot change the Operating Principal without DryJect's prior written approval. This requirement ensures that DryJect maintains a consistent point of contact with sufficient authority and investment in the franchise.
This provision is fairly standard in franchising, as franchisors typically want to ensure that there is a responsible and authorized individual managing the franchise location. The need for prior written approval gives DryJect control over who is managing the franchise and ensures that any new Operating Principal meets their standards. A prospective franchisee should clarify the criteria DryJect uses to evaluate and approve a change in Operating Principal.