factual

What specifications will Bombs Away Franchising provide to the Franchisee regarding inventory, supplies, and materials?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

  • (a) Pre-Opening Specifications and Vendors. To the extent not included in the Manual, Bombs Away Franchising shall provide Franchisee with (i) applicable System Standards and other specifications as Bombs Away Franchising deems appropriate (which may include specifications regarding inventory, supplies, materials, and other matters), and (ii) Bombs Away Franchising's lists of Approved Vendors and/or Required Vendors.

ARTICLE 8. SUPPLIERS AND VENDORS

  • 8.1 Generally. Franchisee shall acquire all Inputs required by Bombs Away Franchising from time to time in accordance with System Standards. Bombs Away Franchising may require Franchisee to purchase or lease any Inputs from Bombs Away Franchising, Bombs Away Franchising's designee, Required Vendors, Approved Vendors, and/or under Bombs Away Franchising's specifications. Bombs Away Franchising may change any such requirement or change the status of any vendor. To make such requirement or change effective, Bombs Away Franchising shall issue the appropriate System Standards.
  • 8.2 Alternate Vendor Approval. If Bombs Away Franchising requires Franchisee to purchase a particular Input only from an Approved Vendor or Required Vendor, and Franchisee desires to purchase the Input from another vendor, then Franchisee must submit a written request for approval and any information, specifications and/or samples requested by Bombs Away Franchising. Bombs Away Franchising may condition its approval on such criteria as Bombs Away Franchising deems appropriate, which may include evaluations of the vendor's capacity, quality, financial stability, reputation, and reliability; inspections; product testing, and performance reviews. Bombs Away Franchising will provide Franchisee with written notification of the approval or disapproval of any proposed new vendor within 30 days after receipt of Franchisee's request.
  • 8.3 Alternate Input Approval. If Bombs Away Franchising requires Franchisee to purchase a particular Input, and Franchisee desires to purchase an alternate to the Input, then Franchisee must submit a written request for approval and any information, specifications and/or samples requested by Bombs Away Franchising. Bombs Away Franchising will provide Franchisee with written notification of the approval or disapproval of any proposed alternate Input within 30 days after receipt of Franchisee's request.

Source: Item 22 — CONTRACTS (FDD pages 35–36)

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, Bombs Away Franchising will provide franchisees with applicable System Standards and other specifications for inventory, supplies, and materials to the extent not included in the Manual. Bombs Away may also provide lists of Approved Vendors and/or Required Vendors.

Bombs Away franchisees must acquire all required inputs according to System Standards, and Bombs Away Franchising may require franchisees to purchase or lease any inputs from Bombs Away Franchising, Bombs Away Franchising's designee, Required Vendors, Approved Vendors, and/or under Bombs Away Franchising's specifications. Bombs Away Franchising can change vendor status or requirements by issuing updated System Standards.

If a franchisee wants to use an alternate vendor when Bombs Away Franchising requires purchasing a particular input from an Approved or Required Vendor, the franchisee must submit a written request for approval with any information, specifications, and/or samples requested by Bombs Away Franchising. Approval may depend on evaluations of the vendor's capacity, quality, financial stability, reputation, and reliability, as well as inspections, product testing, and performance reviews. Bombs Away Franchising will provide written notification of approval or disapproval within 30 days of receiving the request.

Similarly, if a franchisee wants to purchase an alternate input, they must submit a written request for approval with any information, specifications, and/or samples requested by Bombs Away Franchising. Bombs Away Franchising will provide written notification of the approval or disapproval of any proposed alternate Input within 30 days after receipt of Franchisee's request.

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.