Minuteman Press charged its Australian franchisees AUD419.10 (AUD381.00 excl. GST) when it should have charged AUD302.50 (AUD275.00 excl. GST); an overcharge of 38,5%.
The Minuteman Press disclosure documents determines that the Annual FOCUS Fee payable is USD285.00 plus tax. The amount is payable in local currency and is to be converted on the invoice date.
Minuteman Press has franchisees in Canada, United Kingdom, South Africa, USA and Australia. INFORMATION AT HAND SUGGESTS MINUTEMAN PRESS COULD HAVE OVER-CHARGED ITS FRANCISEES MORE THAN $654,126 FOR ANNUAL FOCUS FEES OVER SIX YEARS.
Below is a table of the approximate annual FOCUS License Fee Minuteman Press should have charged its franchisees in each country by year, since 2000 (USD285.00 converted at annual average exchange rate):
CANADA (Canadian Dollars). Franchisees should have paid less than (amounts excluding tax):
2000 CAD423.29
2001 CAD441.25
2002 CAD447.42
2003 CAD399.36
2004 CAD370.86
2005 CAD345.42
2006 CAD323.23
2007 CAD305.98
2008 CAD303.77
2009 CAD324.98
2010 CAD293.52
2011 CAD281.95
2012 CAD284.93
2013 CAD293.60
2014 CAD312.07
UNITED KINGDOM (GBP) Franchisees should have paid less than (amounts excluding tax):
2000 GBP188.49
2001 GBP197.97
2002 GBP189.96
2003 GBP174.56
2004 GBP155.59
2005 GBP156.85
2006 GBP154.91
2007 GBP142.41
2008 GBP155.34
2009 GBP182.58
2010 GBP184.62
2011 GBP177.80
2012 GBP179.91
2013 GBP182.33
2014 GBP171.12
SOUTH AFRICA (RAND) Franchisees should have paid less than (amounts excluding tax):
2000 R1978.53
2001 R2450.41
2002 R2996.29
2003 R2155.60
2004 R1837.22
2005 R1816.47
2006 R1933.16
2007 R2010.69
2008 R2354.26
2009 R2399.17
2010 R2086.38
2011 R2071.02
2012 R2341.61
2013 R2752.56
2014 R3064.39
AUSTRALIA (AUD) Franchisees should have paid less than (amounts excluding tax):
2000 AUD491.99
2001 AUD551.36
2002 AUD524.52
2003 AUD439.17
2004 AUD387.72
2005 AUD374.10
2006 AUD378.53
2007 AUD340.54
2008 AUD340.92
2009 AUD364.54
2010 AUD310.48
2011 AUD276.33
2012 AUD275.30
2013 AUD295.51
2014 AUD311.24
USA (USD) Franchisees should have paid (amounts excluding tax):
Amount Minuteman Press should have charged its USA franchisees for all years from 2000 to 2014 should have been USD285.00 excluding tax.
WHAT MINUTEMAN PRESS FRANCHISEES SHOULD DO ABOUT THE OVER-PAYMENTS:
Franchisees are advised to review the invoices from and their payments to Minuteman Press for the annual FOCUS Fees using the amounts above as a general guideline. In the event of over-charges franchisees should demand a refund from Minuteman Press or alternatively could report the matter to the regulatory authority such as the USA Federal Trade Commission.
Minuteman Press reluctantly refunded some of the over payments to some of its Australian franchisees at the end of April 2014; more than 30 months after it was requested to repay over-charged amounts.
Minuteman Press:
Refunded a selected number of over payments. It did NOT refund any ex-franchisees whom it over charged. Many ex-franchisees had to close its businesses and incurred massive losses in the Minuteman Press franchise system. Many other franchisees had to sell their businesses at substantial losses as they could not sustain the business losses made in their Minuteman Press franchise stores. Minuteman Press bullied, intimidated, rushed and forced these ex-franchisees into signing the Minuteman Press brutal, grossly unfair and unlawful Deed of Surrender and Release. Minuteman Press unscrupulously elected to further exploit these unfortunate and vulnerable ex-franchisees and did not refund their over payments.
Minuteman Press calculated the refund amounts using an assumed flat rate annual charge of AUD275.00 excluding tax (AUD302.50 including tax). The flat rate is incorrect and many franchisees were refunded too little. The Australian Dollar fluctuated against the US Dollar on a daily basis. When the Australian Dollar peaked against the US Dollar, Minuteman Press should have invoiced franchisees AUD258.00 excluding tax (AUD283.80 including tax). When Minuteman Press refunded its Australian Franchisees it unscrupulously underpaid them.
INFORMATION AT HAND SUGGESTS MINUTEMAN PRESS COULD HAVE OVER-CHARGED ITS FRANCISEES MORE THAN $654,126 FOR ANNUAL FOCUS FEES OVER SIX YEARS.