factual

How are Hydrodog franchisees required to pay all payments due?

Hydrodog Franchise · 2025 FDD

Answer from 2025 FDD Document

he 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.

    1. "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.
    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.

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

What This Means (2025 FDD)

According to Hydrodog's 2025 Franchise Disclosure Document, franchisees are required to make all payments to Hydrodog or its affiliates via electronic funds transfer (EFT) or similar means. Franchisees must complete Hydrodog's current EFT authorization form.

The standard payment day is Monday of each calendar week for the previous week's gross sales. If Monday falls on a national holiday, the payment is due the next weekday. Franchisees must report their Hydrodog business's gross sales for the preceding week via telephone, internet, intranet, electronic means, or written form, as directed by Hydrodog.

Franchisees must ensure that funds are available in their account for withdrawal by electronic transfer no later than the payment day. Hydrodog specifies that all fees paid are uniform and non-refundable under any circumstances once paid to them or their affiliates. Fees paid to vendors or other suppliers may be refundable, depending on the vendor's policies.

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.