factual

What written approval is required from Bombs Away Franchising before opening the Business?

Bombs_Away Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 6.3 Conditions to Opening. Franchisee shall notify Bombs Away Franchising at least 30 days before Franchisee intends to open the Business. Before opening, Franchisee must satisfy all of the following conditions: (1) Franchisee is in compliance with this Agreement, (2) Franchisee has obtained all applicable governmental permits and authorizations, (3) the Business conforms to all applicable System Standards, (4) Franchisee has hired sufficient employees, (5) Franchisee's officers and employees have completed all of Bombs Away Franchising's required pre-opening training; and (6) Bombs Away Franchising has given its written approval to open, which will not be unreasonably withheld.

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

What This Means (2024 FDD)

According to Bombs Away's 2024 Franchise Disclosure Document, before a franchisee can open their business, Bombs Away Franchising must provide written approval. This approval is contingent upon the franchisee meeting several conditions.

The franchisee must be in full compliance with the franchise agreement. They need to have secured all necessary governmental permits and authorizations required to operate the business. The business operations must adhere to all of Bombs Away's System Standards. The franchisee needs to have hired an adequate number of employees to properly run the business. Furthermore, all officers and employees of the franchisee must have successfully completed Bombs Away's required pre-opening training programs.

Bombs Away Franchising states that it will not unreasonably withhold this written approval, implying that as long as the franchisee meets all the stipulated conditions, the approval should be granted. The franchisee is required to notify Bombs Away Franchising at least 30 days before the intended opening date of the business.

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.