Besides the initial franchise fee, what payment method does Spray Net require for all other fees?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT D TO THE FRANCHISE AGREEMENT
EFT AUTHORIZATION FORM
Bank Name: ABA# Acct. No.
Source: Item 23 — RECEIPTS (FDD pages 75–219)
What This Means (2025 FDD)
According to the 2025 Spray Net FDD, an Electronic Funds Transfer (EFT) is required for payments. An EFT authorization form is included as an exhibit to the franchise agreement.
Spray Net franchisees should be aware that they will need to provide their bank name, ABA number, and account number to facilitate these electronic payments. This setup ensures that Spray Net can automatically collect ongoing fees as outlined in the franchise agreement.
Franchisees should carefully review the franchise agreement and the EFT authorization form to fully understand the terms and conditions related to these electronic payments. This includes understanding when payments will be debited, how to address any discrepancies, and the process for modifying or canceling the EFT authorization if necessary.