factual

What is the current Payment Day for Hydrodog?

Hydrodog Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. We will designate the day of the week (the "Payment Day") the payments are due. Currently, Payment Day is Monday of each calendar week for the previous week. If the Payment Day falls on a national holiday, the payment is due on the first weekday following the national holiday. We require you to pay all payments due us by electronic funds transfer. You agree to comply with the procedures we specify in our Manuals and perform such acts and sign and deliver such documents as may be necessary to accomplish payment by this method. On the Payment Day, you will report to us by telephone, internet, intranet or electronic means or on written form, as we direct, your HydroDog Business' true and correct Gross Sales for the immediately preceding week. You will make the funds available in the Account for withdrawal by electronic transfer no later than the Payment Day.

Source: Item 6 — OTHER FEES (FDD pages 12–16)

What This Means (2025 FDD)

According to Hydrodog's 2025 Franchise Disclosure Document, the current Payment Day is Monday of each calendar week for the previous week's gross sales. If the Payment Day falls on a national holiday, the payment is due on the first weekday following the national holiday. Hydrodog requires all payments to be made via electronic funds transfer.

As a Hydrodog franchisee, you must report your HydroDog Business' true and correct Gross Sales for the immediately preceding week on the Payment Day. These reports can be submitted by telephone, internet, intranet, electronic means, or written form, as directed by Hydrodog.

Furthermore, you must ensure that the funds are available in your account for withdrawal by electronic transfer no later than the Payment Day. This means franchisees need to maintain accurate sales records and manage their cash flow to meet this weekly payment obligation. Failing to have sufficient funds available could result in penalties or other actions by Hydrodog.

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.