What is the non-refundable renewal fee for a Hydrodog franchise per Territory?
Hydrodog Franchise · 2025 FDDAnswer from 2025 FDD Document
favor of us, our affiliates and our respective officers, directors and shareholders releasing all claims against us, our officers, directors and shareholders; and
- (g) you pay to us a non-refundable renewal fee equal to twenty thousand dollars ($20,000) per Territory, which fee sha
Source: Item 23 — RECEIPTS (FDD pages 43–166)
What This Means (2025 FDD)
According to Hydrodog's 2025 Franchise Disclosure Document, a franchisee must pay a non-refundable renewal fee of $20,000 per territory if they choose to renew their franchise agreement. This fee is due when the franchisee submits their renewal notice.
It is important to note that this fee is non-refundable under any circumstances, including if Hydrodog decides not to renew the franchise. This means that even if the renewal is denied, the franchisee will not receive the $20,000 back.
To be eligible for renewal, the franchisee must meet several conditions, including being in substantial compliance with the initial agreement, being current on all payments, and executing a general release in favor of Hydrodog. The franchisee must also enter into Hydrodog's then-current franchise agreement, which may contain materially different terms, including higher fees. Prospective franchisees should carefully consider these conditions and the potential for increased fees before deciding to renew their franchise agreement.