Under what circumstances is the Hydrodog franchise renewal fee refundable?
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, the renewal fee is generally non-refundable. Specifically, to renew a Hydrodog franchise for an additional 10-year period, a franchisee must pay a renewal fee of $20,000 per territory. This fee is due upon submission of the renewal notice.
The FDD explicitly states that the $20,000 renewal fee is "non-refundable under any circumstances." This includes situations where Hydrodog decides not to renew the franchise, regardless of the reason. This means that even if the franchisee meets all other requirements for renewal, but Hydrodog ultimately declines to renew the agreement, the franchisee will not receive a refund of the renewal fee.
This non-refundable policy is a significant financial consideration for prospective Hydrodog franchisees. It means that the franchisee bears the full risk of paying the renewal fee, even if the renewal is not ultimately granted. Franchisees should carefully consider their likelihood of meeting all renewal requirements and the potential for Hydrodog to deny renewal before submitting their renewal notice and paying the fee. It is advisable to seek legal and financial counsel to fully understand the implications of this policy.