If allowed, where can a Bombs Away franchisee relocate their business headquarters?
Bombs_Away Franchise · 2024 FDDAnswer from 2024 FDD Document
- 6.1 Location. Franchisee will operate the business from their home office at the address stated on the Summary Page.
- 2.3 Franchisee Control. Franchisee represents that it will identify each owner, officer and director of Franchisee, and describes the nature and extent of each owner's interest in Franchisee.
If any of this information changes, Franchisee shall notify Franchisor within 10 days.
Source: Item 12 — TERRITORY (FDD pages 23–24)
What This Means (2024 FDD)
According to Bombs Away's 2024 Franchise Disclosure Document, franchisees will operate their business from their home office at the address stated on the Summary Page.
The FDD does not explicitly state whether a franchisee can relocate their home office. However, the agreement stipulates that the franchisee must notify Bombs Away of any changes to the ownership, officers, or directors of the franchise within 10 days. This suggests that changes to the business structure or location may require notification to the franchisor.
Because the FDD does not provide explicit details or restrictions regarding relocation, it is important for a prospective franchisee to discuss the possibility of relocating their home office with Bombs Away. Understanding the franchisor's policies on relocation, and any potential restrictions or requirements, is crucial before signing the franchise agreement.