factual

Can Afuri Ramen Dumpling revoke a waiver they grant under the franchise agreement?

Afuri_Ramen_Dumpling Franchise · 2024 FDD

Answer from 2024 FDD Document

Any waiver we grant will not prejudice any other rights we may have, and will be subject to our continuing review. We may revoke any waiver, in our sole discretion, at any time and for any reason, effective upon delivery to you of 10 days' prior written notice of revocation.

Source: Item 23 — Receipts (FDD pages 50–189)

What This Means (2024 FDD)

According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, Afuri Ramen Dumpling can revoke a waiver that they grant under the franchise agreement. Any waiver granted by Afuri Ramen Dumpling will be subject to their continuing review. Afuri Ramen Dumpling may revoke any waiver, in their sole discretion, at any time and for any reason.

To revoke a waiver, Afuri Ramen Dumpling must provide the franchisee with 10 days' prior written notice of revocation. This means that if Afuri Ramen Dumpling has previously waived a franchisee's obligation to comply with a certain term of the franchise agreement, they can reinstate that obligation by providing written notice.

This clause protects Afuri Ramen Dumpling's rights and ensures that any temporary leniency does not permanently alter the terms of the agreement. It also highlights the importance of franchisees maintaining strict compliance with the franchise agreement, as any deviation could be subject to revocation by Afuri Ramen Dumpling with only 10 days' notice. This is a fairly standard clause in franchise agreements, allowing franchisors flexibility while retaining control over their brand standards and operational procedures.

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.