Is Spray Net required to prepare an accounting of the operation of the advertising fund?

According to Spray Net's 2025 Franchise Disclosure Document, the company will provide an accounting of the advertising fund's operation. Specifically, Spray Net will prepare an unaudited accounting of the fund annually.

This means that Spray Net franchisees will receive a yearly report detailing how the advertising funds, which are collected as a percentage of gross revenues, are being used. While the accounting is unaudited, it still provides a level of transparency regarding the allocation of these funds.

It is important to note that this accounting is "unaudited," meaning it has not been verified by an independent accounting firm. While this does not necessarily indicate any issues, prospective franchisees may want to inquire about the level of detail provided in the accounting and whether they have the opportunity to ask questions about the report. Franchisees should also recognize that Spray Net has the right to suspend or terminate the fund at any time.