factual

How does Bombs Away communicate the approval or revocation of a supplier to the franchisee?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

If you want to use a supplier that is not on our list of approved suppliers, you must request our approval in writing. We will grant or revoke approvals of suppliers based on criteria appropriate to the situation, which may include evaluations of the supplier's capacity, quality, financial stability, reputation, and reliability; inspections; product testing, and performance reviews. Our criteria for approving suppliers are not available to you. We permit you to contract with alternative suppliers who meet our criteria only if you request our approval in writing, and we grant approval. There is no fee for us to review or approve an alternate supplier. We will provide you with written notification of the approval or disapproval of any supplier you propose within 30 days after receipt of your request. We may grant approvals of new suppliers or revoke past approvals of suppliers on written notice to you.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 15–17)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, franchisees who wish to use a supplier not already on the approved list must request approval in writing from Bombs Away. Bombs Away will evaluate the supplier based on criteria such as capacity, quality, financial stability, reputation, and reliability, potentially including inspections, product testing, and performance reviews. It is important to note that the specific criteria Bombs Away uses for approving suppliers are not disclosed to the franchisee.

Bombs Away will provide written notification of the approval or disapproval of a proposed supplier within 30 days of receiving the franchisee's request. Bombs Away retains the right to grant approvals of new suppliers or revoke previous approvals.

Bombs Away will communicate these decisions to franchisees via written notice. This ensures that franchisees are informed about which suppliers meet Bombs Away's standards and are authorized for use within the Bombs Away franchise system. Bombs Away also issues specifications and standards to franchisees for applicable aspects of the franchise in their Manual and/or in written directives, and may modify existing specifications and standards, at any time by revising their Manual and/or issuing new written directives, which may be communicated to franchisees by any method they choose.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.