Who is Durar Investment, LLC in relation to the Azal Coffee franchise?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| I am an employee or trainee of | (the | |
|---|---|---|
| "Company"). The Company operates or is developing an Azal Coffee | ||
| franchise under a | ||
| Franchise Agreement between the Company and Durar Investment, LLC (the "Franchisor") or of | ||
| one of its affiliates or franchisees. |
Source: Item 23 — RECEIPTS (FDD pages 51–204)
What This Means (2024 FDD)
According to the 2024 Azal Coffee Franchise Disclosure Document, Durar Investment, LLC is the franchisor. This means that Durar Investment, LLC is the company offering the franchise opportunity to potential franchisees. They are responsible for granting the rights to operate an Azal Coffee store under their brand name and system.
As the franchisor, Durar Investment, LLC provides the Franchise Disclosure Document (FDD) to prospective franchisees. This document contains important information about the franchise, including fees, obligations, and the background of the franchisor. The FDD must be provided to potential franchisees at least 14 calendar days before they sign a binding agreement or make a payment related to the franchise. Certain states like Iowa, New York, Rhode Island, Michigan, and Oregon have specific timelines for providing this document.
Furthermore, as the franchisor, Durar Investment, LLC owns the rights to the Azal Coffee systems and its confidential information. They also have the right to protect this information, and employees or trainees of Azal Coffee franchisees acknowledge that they will have access to confidential information and agree not to disclose it. This is to protect the competitive business interests of both the franchisee and Durar Investment, LLC.