If a Hydrodog franchisee's payment is rejected, when is the insufficient funds fee due?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
Late Payment Fees does not mean that we accept or condone late payments, nor does it indicate that we are willing to extend credit to, or otherwise finance the operation of, your HydroDog Business.
- 6.13 **Insufficient F
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, if a franchisee's payment is rejected due to insufficient funds, stop payment instructions, or a similar event, the insufficient funds fee is due upon demand. The insufficient funds fee is $50.00.
This means that Hydrodog franchisees need to ensure that their payments are processed successfully. Any issues with payments could result in an immediate charge of $50.00.
Franchisees should maintain sufficient funds in their account and avoid stop payment instructions to prevent incurring this fee. This policy is fairly standard in franchising, as franchisors need to ensure timely payments from franchisees to maintain their own financial stability and operational efficiency.