When is the supplier review fee payable to Mrcool?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
| and/or to enforce the terms of the Franchise Agreement or a termination of the Franchise Agreement. Includes costs and expenses of re-inspections required by quality assurance audit. | |||
|---|---|---|---|
| NSF Check Fee of Failed Electronic Fund Transfer | 5% of amount or $50, whichever is greater, or maximum fee allowed by law | On demand | Payable if your bank account possesses insufficient funds and/or fails to process a payment or transfer related to a fee due from you to us. |
| Non-compliance | Actual fees, costs, and expenses | On demand | Fees, costs and expenses incurred by us as a result of your breach or noncompliance with the terms of your Franchise Agreement. |
| Supplier Review | Actual fees, costs, and expenses | Within 14 days of invoice | You must pay us the costs incurred by us to review and evaluate a potential supplier, product, or service that you submit to us for approval. |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2025 FDD)
According to Mrcool's 2025 Franchise Disclosure Document, the supplier review fee is payable within 14 days of the invoice date. This fee covers Mrcool's costs to review and evaluate any potential supplier, product, or service that a franchisee submits for approval.
For a prospective Mrcool franchisee, this means that if they wish to use a supplier, product, or service not already approved by Mrcool, they will be responsible for covering the costs Mrcool incurs to evaluate the new submission. These costs can vary depending on the complexity of the review process.
It is important for franchisees to factor in these potential costs when considering new suppliers or products. To avoid unexpected expenses, franchisees should first check if Mrcool has already approved a similar supplier, product, or service. If not, they should get an estimate from Mrcool regarding the review costs before formally submitting the new vendor for approval.