How does Hydrodog currently require franchisees to pay fees and other amounts due?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
All fees paid to us or our affiliates are uniform and non-refundable under any circumstances once paid. Fees paid to vendors or other suppliers may be refundable depending on the vendors and suppliers. We currently require you to pay fees and other amounts due to us or our affiliates via electronic funds transfer ("EFT") or other similar means. You are required to complete our thencurrent, EFT authorization. All fees are current as of the Issuance Date of this Franchise Disclosure Document. Certain fees that we have indicated may increase over the term of the Franchise Agreement.
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- "Gross Sales" are defined in the Franchise Agreement as all revenue you derive from operating the Business, including, but not limited to, all amounts you receive at or away from the HydroDog Vehicle from any Services, Products or activities whatsoever including any that are in any way associated with the Marks, Copyrights or System, and whether from cash, check, barter, credit or debit card or credit transactions, including the redemption value of gift certificates redeemed by you regardless of whether such gift certificates are issued by you or someone else; but excluding: (1) all federal, state or municipal sales, use or service taxes collected from customers and paid to the appropriate taxing authority; and (2) customer refunds, adjustments, credits and allowances actually made by your HydroDog Business, provided that such refunds, adjustments, credits and allowances are documented and verifiable.
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- 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, franchisees are currently required to make payments to Hydrodog or its affiliates via electronic funds transfer (EFT) or similar electronic means. To facilitate this, franchisees must complete Hydrodog's current EFT authorization form. Payments are due on the Payment Day, which is currently 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.
Each week, on the Payment Day, franchisees must report their Hydrodog Business's gross sales for the immediately preceding week via telephone, internet, intranet, electronic means, or written form, as directed by Hydrodog. The franchisee must ensure that the funds are available in their account for withdrawal by electronic transfer no later than the Payment Day.
This payment method ensures that Hydrodog receives payments promptly and efficiently. Franchisees need to be diligent in reporting their gross sales accurately and ensuring sufficient funds are available for electronic transfer to avoid potential late payment fees or other penalties. The Franchise Agreement specifies that 'Gross Sales' includes all revenue derived from operating the business, with specific inclusions and exclusions for taxes and customer refunds.