From the filings

HQ-led decisions

Dryvebox

Personal services

Dryvebox is a mobile golf simulator franchise with 9 total units, of which only 1 is franchised and 8 are company-owned. The FDD names CEO Adeel Yang and COO Matthew Gipple as key HQ leaders, and mandates Square, TrackMan, and QuickBooks in Item 11. For software vendors, the addressable market is currently tiny but concentrated at the franchisor level.

For software vendors selling into US franchise brands.

Live signals

Total units
9
1 franchised
Franchised outlet growth
—
Item 20, last two year-ends
AUV
—
Item 19, 2023
Royalty
6% component; full terms unconfirmed
percentage component
Ad fund
2%
percentage component
Initial fee
$34K
per unit
Investment range
$136K–$376K
all-in, Item 7
Procurement
Approved supplier
from the filing
Non-compete
2 years
from the filing
Item 19
Claims
from the filing

Ordinary royalty terms

6% component; full terms unconfirmed

Complete royalty terms are not confirmed for the selected filing.

Recorded percentage components

These are recorded percentage components. Each has its own base and conditions; the chart does not state the total payment or confirm ad-fund completeness.

1recorded components (FY2024)

Recorded percentage components (FY2024)Ad fund 2%. Components use their own filing bases and conditions. Drawn against a 15% reference scale.

15% reference

Ad fund 2%

Mandated & recommended tech

The systems vendors compete with

2 technology requirements are recorded in this filing. A required choice lists alternatives for one obligation. Read each cited clause for its conditions.

SquareBlock
Mandatory
POSItem 11

We require you to have a computer to run the TrackMan software and other software you’ll need to run the business. We provide you the specification of the system you need to procure, and instructions on how to install the computer and mouse, monitor, and keyboard, into the Box. The price of computers varies, but currently, we anticipate the cost to purchase a computer and peripherals sufficient for your needs will be approximately $1,400. We reserve the right to change or require additional software if we deem it necessary and appropriate. 4859-0195-9096.4 28 We also require you to have a credit card processing system (currently Square) that will work with your mobile device. We will provide you the specification of the system you need to procure, which at this time runs on an iPad (or phone). We reserve the right to switch to a different POS provider if we deem it necessary and appropriate.

TrackManTrackMan
Mandatory
Industry softwareItem 11

We collect the Brand Advertising Fund contributions at the same rate from all Dryvebox franchises. We have not yet collected any money for the Brand Advertising Fund as of the date of this FDD. Computer Requirements We require you to have a computer to run the TrackMan software and other software you’ll need to run the business. We provide you the specification of the system you need to procure, and instructions on how to install the computer and mouse, monitor, and keyboard, into the Box. The price of computers varies, but currently, we anticipate the cost to purchase a computer and peripherals sufficient for your needs will be approximately $1,400. We reserve the right to change or require additional software if we deem it necessary and appropriate.

QuickBooksIntuit
AccountingItem 11

In addition to the cost of purchasing the Box, your ongoing TrackMan and other software subscriptions will cover the expected costs to use and access critical software and technology, including Google Suite and Quickbooks. We reserve the right to develop proprietary computer software or systems or point of sale systems in the future and have the right to require you to use them and enter into appropriate licensing agreements to protect our rights in them. We do not have any contractual obligation during the term of the franchise to update or upgrade any website or computer program we might develop. We cannot at this time estimate the cost to comply with any future requirements it may impose, but we will not impose any requirements on you that are unreasonable for a business like the Franchised Business.

Franchisor behaviours

What the franchisor requires

22 requirements the franchisor states in this filing, each in its own words; 5 explicit no's; 7 questions the text does not settle, which is not a no.

Accounting

Must the franchisee use an accounting or bookkeeping system designated or approved by the franchisor?

Yes

Franchise agreement

Franchisee shall throughout the term hereof, maintain and preserve full, complete and accurate books, records and accounts of the Business, and supporting data, all in accordance with generally accepted accounting principles and utilizing accounting records and systems as are, from time to time, approved by Franchisor.

Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?

Yes

Item 11

We require you to authorize our independent, online access to data stored in your computer system, including sales, purchasing and customer data.

Must the franchisee submit periodic financial statements (monthly, quarterly or annual) to the franchisor?

Yes

Franchise agreement

(b) On or before April 15th of each calendar year, a balance sheet for the preceding calendar year; and (c) Upon request by Franchisor, such other data, information and supporting records for such periods as Franchisor, from time to time, requires.

How the franchisor buys

Is the franchisor or an affiliate itself a supplier of required products, services or systems?

Yes

Item 8

You must purchase the Box from our affiliate Dryvebox, Inc., which is partially owned by one or more of our officers, and which is built by one of our authorized manufacturers, and bearing our branding.

Does the franchisor reserve the right to change designated suppliers or systems at any time?

Yes

Item 8

We have the right to change these suppliers and to require you to license software or purchase hardware from other suppliers in the future.

How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?

0

Item 8

We did not receive any revenue from franchisee purchases or leases.

Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?

Yes

Item 8

In 2023, our affiliate received $115,171 in revenue from our license of the patented technology to manufacturers who produce the Box, when those manufacturers sold Boxes to franchisees.

Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?

75

Item 8

On an ongoing basis, you should estimate that at least seventy-five 4859-0195-9096.4 23 percent (75%) of your purchases will be subject to some requirement in our Operations Manual.

Does the franchisor charge a fee to evaluate a proposed supplier?

Yes

Item 8

We may charge a fee to evaluate the product.

Can a franchisee propose a new supplier for the franchisor's approval?

Yes

Item 8

If you would like to purchase from an alternate supplier, you must make a written request that we review that supplier's products and determine whether or not to approve them as a vendor.

Communications

Does the franchisor own or control the business telephone numbers, or take them over when the agreement ends?

Yes

Franchise agreement

Franchisee shall relinquish and take all steps necessary to transfer all right, title and interest in all telephone numbers, listings, email addresses and accounts, all social media pages, accounts, usernames, websites or website pages, and advertising privileges concurrent therewith, relating to the Franchisee's…

Franchise management

Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?

Yes

Franchise agreement

Franchisee shall permit Franchisor and its agents the right to enter the Box at all times during regular business hours for the purpose of conducting inspections, on-site market surveys and studies.

Can the franchisor change the operations manual and brand standards unilaterally?

Yes

Franchise agreement

Franchisor may, from time to time, revise the contents of the Manuals; and Franchisee agrees to comply with each new or changed provision thereof

Marketing

Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?

Yes

Item 11

You are not permitted to establish and maintain your own website for the Franchised Business.

Is the franchisee required to spend a minimum amount on local advertising or marketing, as a percentage of sales or a fixed amount?

Yes

Franchise agreement

Beginning the first month Franchisee opens for business, Franchisee shall spend the greater of three percent (3%) of gross sales or Four Hundred Dollars ($400) on local advertising.

Operations

Must equipment be purchased from designated or approved suppliers?

Yes

Item 8

You must purchase the Box from our affiliate Dryvebox, Inc., which is partially owned by one or more of our officers, and which is built by one of our authorized manufacturers, and bearing our branding.

Payments

Must the franchisee use a payment processor or merchant-services provider designated or approved by the franchisor?

Yes

Item 11

We also require you to have a credit card processing system (currently Square) that will work with your mobile device.

Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?

Yes

Franchise agreement

Franchisee will make all payments to Franchisor in the manner required by Franchisor, which may include payment by electronic funds transfer from a designated bank account of Franchisee to a designated bank account of Franchisor, or payment by some other electronic debit/credit method.

Point of sale

Must the franchisee use a specific point-of-sale system designated or approved by the franchisor?

Yes

Franchise agreement

Franchisee must record and process all sales using a point of sale ("POS") system designated or approved by Franchisor or meeting specifications issued by Franchisor

Does the franchisor have independent access to the data in the franchisee's POS or computer system?

Yes

Franchise agreement

Franchisor shall have the independent right to access Franchisee’s computer systems for the Business or to obtain information regarding the Business’s transactions from a third party vendor providing the POS system, and to download information without notice to Franchisee.

Training

Can the franchisor charge the franchisee for additional, refresher or remedial training?

Yes

Franchise agreement

Franchisee shall pay initial training fees consisting of Franchisor’s then-current per diem charge per trainee for additional trainees beyond the two people Franchisor will train at no cost during Franchisee’s initial training prior to opening the Business, or for any trainee requiring remedial or refresher training.

Is attendance at an annual convention or conference mandatory for the franchisee?

Yes

Franchise agreement

Franchisor reserves the right to require Franchisee and its managers to attend mandatory conventions or meetings in person up to one time per year, and to pay a per person fee as specified in the Manuals to attend such meetings.

The filing answers no to 5 questions
  • Is there a franchisee advisory council, association or committee?Item 20
  • Must the franchisee participate in a customer-satisfaction or net-promoter survey program?Franchise agreement
  • Must the franchisor approve the franchisee's site or location before opening?
  • Is a minimum grand opening advertising spend required?Franchise agreement
  • Must the franchisee participate in a regional advertising cooperative when one exists?Item 11

The vendor opportunity at Dryvebox

Dryvebox operates 9 total units: 8 company-owned and 1 franchised. The franchised unit is in Florida. For software vendors, the addressable market is one franchised location, but the franchisor itself runs eight corporate boxes and controls technology standards for the entire system. The FDD makes a financial performance representation in Item 19, but no average unit volume figure is stated for the cohort.

Who controls software purchasing

Item 2 names Adeel Yang, MD, as CEO and Co-Founder, and Matthew Gipple as Chief Operating Officer and Co-Founder. Jake Hutt is Chief Golf Officer and Co-Founder, and Timothy Lin is Head of Strategy. With only one franchised unit, software purchasing is centralized at HQ. The CEO and COO are the primary buyers for operational and back-office software. The Head of Strategy may influence technology selection for growth initiatives.

Tech named in the FDD, and what is actually required

Item 11 mandates three systems: Square by Block, TrackMan, and QuickBooks by Intuit. The FDD requires franchisees to have a computer to run TrackMan software and other software needed to run the business. It also requires franchisees to authorize the franchisor's independent, online access to data stored in the franchisee's computer system, including sales, purchasing, and customer data. The FDD further states that franchisees must purchase or lease a truck, certain operating software and hardware, golf balls, clubs, and other supplies specified in the operating manual. The filing requires the use of software and hardware from specific suppliers.

Procurement, renewals, and timing

Item 8 establishes an approved-supplier list. Franchisees must purchase the Box from affiliate Dryvebox, Inc., and must purchase through the franchisor an upgrade provided by Boondoctor to add solar and battery functionality. Other items—hardware, furniture, lawn games, golf balls—must come from approved suppliers. Franchisees may propose alternative suppliers for approval. Item 17 requires renewal notice 6–12 months before term expiration, payment of a renewal fee equal to the greater of $7,500 or 25% of the then-current initial franchise fee, and execution of the then-current franchise agreement. With only one franchised unit, renewal-driven software churn is negligible; the real opportunity is new franchise sales or HQ-driven technology changes.

How to read the Dryvebox FDD

The embedded PDF below is Dryvebox's 2024 Franchise Disclosure Document. For software vendors, the critical sections are Item 11 (technology and training), Item 8 (supplier restrictions), and Item 17 (renewal and transfer). Item 19 contains a financial performance representation, but no average unit volume is stated for the cohort. Talk to FranCloud for a ranked target list of franchise systems that match your software category.

Ordinary royalty terms

Complete royalty terms are not confirmed.

Questions vendors ask

Dryvebox, answered from the filing

The FDD names CEO Adeel Yang and COO Matthew Gipple. With only one franchised unit, purchasing is centralized at HQ. Pitch the CEO and COO for operational software; the Head of Strategy, Timothy Lin, may influence tech decisions.
Item 11 mandates Square by Block, TrackMan, and QuickBooks by Intuit. The FDD also requires a computer to run TrackMan and other software, and mandates specific hardware and software suppliers.
Dryvebox has 9 total units: 1 franchised and 8 company-owned. The sole franchised operator is in Florida. This is a very early-stage franchise system.
Item 8 uses an approved-supplier list. Franchisees must buy the Box from affiliate Dryvebox, Inc., and a solar/battery upgrade from Boondoctor. Other items come from approved suppliers, with a process to propose alternatives.
With only one franchised unit and an initial term of 6 years, renewal-driven churn is minimal. The real window is new franchise sales or HQ-driven tech changes. Monitor Item 17 renewal conditions for the single franchisee.
The embedded PDF viewer below contains Dryvebox's 2024 Franchise Disclosure Document. Review Items 8, 11, and 17 for supplier, technology, and renewal terms.
Source

Read the filing itself

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Dryvebox2024 FDDView only

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The brands you can actually sell into, from the filings.

Operator footprint

Who runs the locations

1 operators run 1 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.

Operators by units owned

Single-unit1

Top states by locations

FL1

Related Personal services brands

Primary franchise filings · updated September 2026. Read the original filing for definitions, conditions, and qualifications.