factual

Is a Spray Net franchisee allowed to accept cash or checks?

Spray_Net Franchise · 2025 FDD

Answer from 2025 FDD Document

Bank Name: ABA# Acct. No.: Acct. Effective as of the date of the signature below, [Franchisee Name] its affiliates under the franchise agreement dated thefranchised business located at: Business"): (i)all Royalty Fees; (ii) Fund marketing materials or other supplies or inventory designee) as set forth in the Franchise Agreement. (the "Franchisee") hereby authorizes SPRAY-NET INC. (the "Company") or its designee to withdraw funds from the above-referenced bank account, electronically or otherwise, to cover the following payments that are due and owing Company or (the "Franchise Agreement") for (the "Franchised Contributions, Initial Marketing Investment, as well as other advertising/marketing amounts that Franchisee is required to expend in connection with the Franchised Business; (iii) any amounts due and owing the Company or its affiliates in connection with technology, that is provided by Company or its affiliates; and (iv) all other fees and amounts due and owing to Company or its affiliates under the Franchise Agreement. Franchisee acknowledges each of the fees described above may be collected by the Company (or its The parties further agree that all capitalized terms not specifically defined herein will be afforded the definition they are given in the Franchise Agreement. the above-referenced account. Such withdrawals shall occur on a weekly basis, or on such other schedule as Company shall specify in writing. This authorization shall remain in full force and effect until terminated in writing by Company. [Franchisee Name] shall provide Company, in conjunction with this authorization, a voided check from

Source: Item 23 — RECEIPTS (FDD pages 75–219)

What This Means (2025 FDD)

Based on the 2025 Spray Net Franchise Disclosure Document, there is no explicit mention of whether a franchisee can accept cash or checks. However, the FDD includes an Electronic Funds Transfer (EFT) Authorization form, which allows Spray Net to withdraw funds electronically from the franchisee's bank account to cover royalty fees, marketing contributions, technology fees, and other amounts owed under the Franchise Agreement. This suggests that electronic payments are a primary method for franchisees to remit payments to Spray Net.

While the FDD emphasizes electronic payments through the EFT authorization, it does not explicitly prohibit or allow franchisees from accepting cash or checks from customers. Franchisees are responsible for paying all federal, state, and local taxes, as well as debts and obligations incurred in the operation of the franchised business. The FDD also states that Spray Net may provide assistance or training on-site at the Franchised Business if the franchisee requests it.

Because the FDD does not provide explicit details on whether franchisees can accept cash or checks, prospective franchisees should directly ask Spray Net about acceptable payment methods from customers. Understanding the approved payment methods will be crucial for managing day-to-day transactions and ensuring compliance with Spray Net's policies.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.