Under what conditions can Precision Door Service franchisees receive rebates from PROTRADENET?
Precision_Door_Service Franchise · 2025 FDDAnswer from 2025 FDD Document
cause, for any reason whatsoever upon providing the other party written notice of intent to terminate the Agreement and this agreement will automatically terminate upon expiration or termination of the franchise agreement by and between Franchisee and Franchisor with no notice of termination required. In any case, PROTRADENET may terminate this Agreement at any time upon notice to Franchisee if Franchisee is in default of his Franchise Agreement with Franchisor or if Franchisee has failed to comply with the terms and conditions of participation in this Program as set forth in this Agreement, on the website of PROTRADENET or as specified by Franchisor. Upon any termination of this agreement neither PROTRADENET nor any of its affiliates will have any liability to Franchisee or any other party.
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- PROTRADENET Administration. PROTRADENET or Franchisor may, but are not required to, return a portion of the fees paid to PROTRADENET from Vendors on behalf of purchases made by Franchisee ("Rebates") directly to Franchisee if Franchisee meets certain conditions, such as Vendor terms and conditions, attendance at Franchisor annual meetings, and other criteria as established by Vendor, PROTRADENET or Franchisor. All fees or Rebates not returned to franchisees may be retained by PROTRADENET or Franchisor and used to cover administrative costs, or promote Franchisor's system and brand. The allocation of these Rebates may change at the sole discretion of PROTRADENET. Accordingly, subject to the terms and conditions set forth in this Agreement, PROTRADENET agrees to process Program Rebates when paid by Vendor within terms as agreed upon by Franchisor.
Source: Item 23 — Receipts (FDD pages 92–433)
What This Means (2025 FDD)
According to Precision Door Service's 2025 Franchise Disclosure Document, PROTRADENET may return a portion of the fees paid by vendors on behalf of a franchisee's purchases directly to the franchisee. However, this is not guaranteed and is contingent upon the franchisee meeting certain conditions. These conditions include adhering to vendor terms, attending Precision Door Service's annual meetings, and fulfilling other criteria established by the vendor, PROTRADENET, or Precision Door Service itself.
It's important to note that Precision Door Service has the right to deny rebates if they deem the franchisee unqualified. Additionally, PROTRADENET can withhold or deny rebates if the terms of the program are not met. The allocation of rebates can change at PROTRADENET's discretion. If rebates are not returned to franchisees, PROTRADENET or Precision Door Service may retain them to cover administrative costs or to promote Precision Door Service's system and brand.
Furthermore, PROTRADENET does not guarantee any vendor rebates or payments by vendors. If PROTRADENET does not receive payment from the vendor, rebates will not be paid. PROTRADENET also makes no guarantee of accuracy or uninterrupted delivery of the data exchanged using the e-commerce web solution software as a part of the Program. It is the responsibility of the Franchisee to notify PROTRADENET or Vendor if the purchasing information represented on the e-commerce website is incorrect. Franchisee must notify PROTRADENET within sixty (60) days of the transaction date if the purchasing information is missing or invalid.
This arrangement means that while rebates are possible, they are subject to various factors and not guaranteed. A prospective Precision Door Service franchisee should carefully review all terms and conditions related to the PROTRADENET program and understand the potential for changes in rebate allocation or denial of rebates based on various criteria.