Are the notes following Chart A in Item 7 applicable to the Spray Net franchise offering?
Spray_Net Franchise · 2025 FDDAnswer from 2025 FDD Document
The Notes following Chart A in this Item 7 are also applicable to this offering.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 29–33)
What This Means (2025 FDD)
According to Spray Net's 2025 Franchise Disclosure Document, the explanatory notes following Chart A in Item 7 are applicable to the Spray Net franchise offering. This means that the detailed explanations and conditions provided in those notes apply to the initial investment figures presented for the franchise.
The notes cover various aspects of the initial investment, such as the Initial Franchise Fee, training fees, marketing investments, and other expenses. For example, Note 4 explains that Spray Net intends to collect between $1,000 and $5,000 of the Initial Marketing Investment as consideration for managing the placement and suppliers associated with initial marketing activities. Note 5 states that franchisees must use Spray Net's designated supplier for bookkeeping services, with an initial registration fee of $499 and a monthly fee of $425 for the first three months.
Prospective Spray Net franchisees should carefully review all the explanatory notes in conjunction with Chart A to fully understand the components of the initial investment and any associated conditions or requirements. This includes understanding which payments are non-refundable, which suppliers must be used, and the factors that could influence the actual costs incurred during the initial phase of operation.