Where can I find the required hours and days of operation for an Aplus franchise?
Aplus Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchisee shall keep the Franchised Business open for business for the number of hours and days per week as described on Attachment 1. Failure to cause the APLUS Store to be open for business during the hours and days prescribed by Franchisor is a material breach of this Agreement. Failure to operate at least the number of hours as described on Attachment 1, unless prohibited by law, will result in an administrative fee equal to an additional one percent (1%) of the monthly Royalty Fee per day until the Franchised Business is open the minimum number of hours.
Source: Item 23 — RECEIPT (FDD pages 68–302)
What This Means (2024 FDD)
According to Aplus's 2024 Franchise Disclosure Document, the specific number of hours and days per week that a franchisee must keep their APLUS Store open for business are detailed in Attachment 1 of the franchise agreement. Aplus considers it a material breach of the agreement if a franchisee fails to adhere to these prescribed hours and days of operation.
If an Aplus franchisee fails to operate for the minimum required hours, unless legally prohibited, they will incur an administrative fee. This fee is equivalent to an additional one percent (1%) of the monthly Royalty Fee for each day the business does not meet the minimum hour requirement. This penalty continues until the APLUS Store is open for the minimum number of hours specified.
Prospective Aplus franchisees should carefully review Attachment 1 of the franchise agreement to fully understand the required hours and days of operation. They should also consider the potential financial implications of failing to meet these requirements, as the administrative fees could impact their profitability. Understanding these obligations is a crucial part of evaluating the Aplus franchise opportunity.