What day of the week does Hydrodog designate as the 'Payment Day'?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
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 designated 'Payment Day' is currently Monday of each calendar week for the previous week's gross sales. This means that Hydrodog franchisees are required to submit their royalty and marketing fund payments every Monday.
Hydrodog requires franchisees to make all payments via electronic funds transfer (EFT). Franchisees must authorize Hydrodog to withdraw funds from their account on the Payment Day. If a Payment Day falls on a national holiday, the payment is due on the first weekday following the national holiday.
On each Payment Day, franchisees must report their Hydrodog business's gross sales for the immediately preceding week. These reports can be submitted via telephone, internet, intranet, electronic means, or written form, as directed by Hydrodog. Franchisees must ensure that the funds are available in their account for withdrawal by electronic transfer no later than the Payment Day.
It is important to note that the Payment Day designation is subject to change at Hydrodog's discretion. Franchisees should refer to the most current version of the Hydrodog manuals for the most up-to-date information on payment procedures and requirements.