Does the Hydrodog franchisee's tax responsibility include property taxes?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
- 18.3 Taxes. We will have no liability for any sales, use, alcohol surcharge, service, occupation, excise, gross receipts, income, payroll, property or other taxes, whether levied upon you or your HydroDog Business, in connection with the business you conduct (except any taxes we are required by law to collect from you with respect to purchases from us). Payment of all such taxes is your responsibility.
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, franchisees are responsible for various taxes related to their business. This includes property taxes, as explicitly stated in Item 23.
The FDD indicates that Hydrodog will not be liable for any taxes levied upon the franchisee or their HydroDog Business. The franchisee is responsible for the payment of all taxes, including sales, use, alcohol surcharge, service, occupation, excise, gross receipts, income, payroll, property, or other taxes. This means that franchisees must budget for and manage these tax obligations independently.
This allocation of tax responsibility is standard in franchising. Franchisees should consult with a tax professional to understand their specific obligations and ensure compliance with all applicable tax laws and regulations. Failing to meet these obligations can result in penalties and legal issues, so it is crucial for prospective Hydrodog franchisees to understand and prepare for these financial responsibilities.