What is the name of the Franchisor for Azal Coffee, according to this addendum?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
As an employee or trainee of the Company, I acknowledge that in the course of my employment by the Company and my training in the Azal Coffee franchise systems of operation, I will have access to certain Confidential Information, as defined below, about the Company and the Franchisor's methods of establishing, developing, operating and maintaining Azal Coffee Stores that is confidential and not available to the public in general. I understand that the Company and the Franchisor have spent a great deal of time and money developing this Confidential Information and I acknowledge that the Company and the Franchisor's reasonable competitive business interests would be severely and irreparably damaged if the Confidential Information that has been (or may be) revealed to me were to be disclosed to any third person, become available to the public in general, or used by me to compete with the Company or the Franchisor or any of its affiliates or franchisees. I, therefore, agree that the Company and Franchisor have a need to protect the Company's and the Franchisor's valuable Confidential Information and I agree that in consideration of these factors, and in consideration of my employment or continuing employment with the Company and/or by training in the Azal Coffee systems of operation, I promise and agree to be bound by the terms of this Agreement as follows:
- I agree not to directly or indirectly disclose to any individual, company, partnership, business, corporation or any other entity ("person") or to use myself, any Confidential Information which I learn during my training and/or employment with the Company, except as necessary in the course of my employment with the Company. I agree that these restrictions will apply while I am in training or am employed by the Company and indefinitely after my training is completed or ends or my employment terminates or ends for any reason.
I agree to, at all times, keep the Confidential Information strictly confidential and to maintain the secrecy of the Confidential Information. In particular, I will, at all times, keep all tangible forms of the Confidential Information that I have been entrusted with in a secure work area and safely locked away when not in use and will ensure that these items do not fall into the hands of unauthorized persons.
Source: Item 23 — RECEIPTS (FDD pages 51–204)
What This Means (2024 FDD)
According to the 2024 Azal Coffee Franchise Disclosure Document, the document refers to both "the Company" and "the Franchisor" throughout Item 23, Receipts. The excerpts provided do not explicitly state the legal name of the Franchisor entity. However, the document makes it clear that the Franchisor owns the Azal Coffee systems, brand, and confidential information.
The document emphasizes the importance of protecting Azal Coffee's confidential information and systems. It outlines agreements that employees and trainees must adhere to, which protect the interests of both the independently owned franchisee (referred to as "the Company") and the Franchisor. These agreements include clauses related to non-disclosure, intellectual property ownership, and remedies for breach of contract.
Prospective Azal Coffee franchisees should carefully review Item 1 in its entirety, as well as Item 2, to identify the legal name and business structure of the Franchisor. Understanding the precise legal relationship between the franchisee, the Franchisor, and any parent companies or affiliates is crucial before investing in a franchise. It would be prudent to ask the Franchisor directly for clarification on this matter during the due diligence process.