Does the definition of 'Adjusted Gross Sales' for a Better Blend franchise include proceeds from business interruption insurance?

According to Better Blend's 2024 Franchise Disclosure Document, Adjusted Gross Sales does include proceeds from business interruption insurance. Adjusted Gross Sales is defined as the total dollar amount of all sales generated through the Business for a given period, including payment for any services or products sold and any proceeds of business interruption insurance.

However, the definition of Adjusted Gross Sales for a Better Blend franchise does not include (i) coupons, discounts, and bona fide refunds to customers, (ii) sales taxes collected by Franchisee, or (iii) sales of prepaid cards or similar products (but the redemption of any such card or product will be included in Adjusted Gross Sales). Service gratuities directed by customers to employees are also excluded from Adjusted Gross Sales.

This definition is important because many of the franchisee's financial obligations to Better Blend are calculated as a percentage of Adjusted Gross Sales. Therefore, understanding what is and is not included in this calculation is crucial for a prospective franchisee to accurately forecast their potential revenue and expenses.