What factors does Better Blend consider when evaluating a franchisee's relocation request?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
You do not have the right to relocate your business, and we have no obligation to approve any request for relocation. Our policy is to approve relocation of a franchisee's business on a caseby-case basis, considering factors such as changes in demographics, profitability of your current business, or a loss of your premises due to circumstances beyond your control.
Source: Item 12 — TERRITORY (FDD pages 27–29)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, franchisees do not have a guaranteed right to relocate their business. Better Blend has no obligation to approve any relocation request. However, Better Blend's policy is to consider relocation requests on a case-by-case basis.
Better Blend will assess factors such as changes in the demographics of the area, the profitability of the franchisee's current business, or if the current premises are lost due to circumstances beyond the franchisee's control. This means that if the local population has decreased, making it harder to attract customers, Better Blend might consider relocation. Similarly, if the business is not making enough money, or if the building is damaged by a natural disaster, Better Blend may be open to a new location.
This policy provides some flexibility for franchisees facing unforeseen challenges or changing market conditions. However, approval is not guaranteed, and Better Blend retains the discretion to deny relocation requests. Prospective franchisees should carefully consider the initial location and its potential for long-term success, as relocation may not be a readily available option if the business faces difficulties.