What factors does Better Blend consider when approving a site?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
- (iii) The factors we consider in approving sites are general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 21–27)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the company will review and advise franchisees regarding potential locations they submit. Better Blend does not select the site for the franchisee; instead, the franchisee must find a potential site and submit it to Better Blend for approval, along with all required information and documents. If a Multi-Unit Development Agreement is signed, Better Blend will approve the location of future sites and territories, applying their current standards for sites and territories.
Better Blend considers several factors when approving a site. These factors include the general location and neighborhood, competition, trade area demographics, traffic patterns, parking availability, the size and physical characteristics of existing buildings, and the lease terms associated with the site.
Better Blend has a 30-day time limit to approve or disapprove a proposed site after receiving all required documents and information from the franchisee. If Better Blend and the franchisee cannot agree on a site, the franchisee may be unable to meet the franchise agreement's deadline for opening the franchise, potentially leading to a default and termination of the agreement unless an extension is granted.