factual

What access does Afuri Ramen Dumpling have to a franchisee's data and computer systems?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

t card payments from your customers.

If we require, you must record and transmit all financial information using our designated systems and our designated ISP or other communication vendors. We may at our discretion change standards for reporting to provide effective technology for the entire system. We will have full ability to poll your data, computer systems and related information by means of direct access whether in person or by electronic means. If available, we may update our menu remotely through the Proprietary Software. There will be no contractual limitation on our right to access your information or data. You must cooperate by providing all information necessary for us to have such access, including by providing any identification information and passwords as needed.

Neither we nor our affiliates will have any obligation to provide any ongoing maintenance, repairs, upgrades or updates related to your computer software and hardware. However, you must upgrade or update your computer hardware and software as we may direct during the term of the franchise agreement. There are no contractual limitations on the frequency and cost of this obligation. We estimate that updates or upgrades to your POS System will be approximately $0 to $1,000 per year. If available, updates to our Proprietary Software are included with the software.

Item 12 Territory

Franchise Premises and Franchise Territory

You will be given a specific territory for your Franchise (the "Franchise Territory" or "Territory"). A typical franchise territory will be a mileage radius around the center of the Franchise Premises. The standard radius is 5 miles, but the radius may be as low as 1/4 of a mile in downtown urban areas. We reserve the right to designate a different mileage radius based on factors we deem reasonable.

Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 27–34)

What This Means (2024 FDD)

According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, Afuri Ramen Dumpling has extensive access to a franchisee's data and computer systems. The franchisee is required to record and transmit all financial information using Afuri Ramen Dumpling's designated systems and ISP. Afuri Ramen Dumpling may change the standards for reporting to provide effective technology for the entire system.

Afuri Ramen Dumpling has full ability to poll a franchisee's data, computer systems, and related information through direct access, whether in person or by electronic means. If available, Afuri Ramen Dumpling may update the menu remotely through proprietary software. There is no contractual limitation on Afuri Ramen Dumpling's right to access a franchisee's information or data.

The franchisee must cooperate by providing all information necessary for Afuri Ramen Dumpling to have such access, including providing any identification information and passwords as needed. Franchisees must purchase a POS system, with costs ranging from $5,000 to $20,000, and maintain computer systems and internet service to access Afuri Ramen Dumpling's online portal and other software like SmartSheets and Franconnet.

Disclaimer: This information is extracted from the 2024 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.