Is there a fee charged by Bor Restoration for the approval of alternative suppliers?
Bor_Restoration Franchise · 2024 FDDAnswer from 2024 FDD Document
In some cases, you may wish to purchase a required good or service from a supplier that has not been previously approved by us. There is no charge for this service. We do not maintain written criteria for approving suppliers, and thus, these criteria are not available to you or your proposed supplier. You must submit such information as we may reasonably require to obtain our approval. We will evaluate the submitted information and provide written notice of our decision within 15 days. If no written notice is received, the approval is denied. We may grant or deny approval for any reason or no reason at all. Other than as stated here, we have no other process for approving suppliers.
We may revoke an alternative supplier's approval if we determine in good faith that the goods or services no longer meet our quality standards.
Source: Item 8 — (FDD pages 18–21)
What This Means (2024 FDD)
According to Bor Restoration's 2024 Franchise Disclosure Document, there is no fee for the approval of alternative suppliers. The FDD specifies that franchisees may wish to purchase required goods or services from a supplier not previously approved by Bor Restoration, and there is no charge for this approval service.
However, Bor Restoration does not maintain written criteria for approving suppliers, meaning these criteria are not available to the franchisee or the proposed supplier. To gain approval, a franchisee must submit information as reasonably required by Bor Restoration. Bor Restoration will evaluate the information and provide a written decision within 15 days; if no written notice is received within that timeframe, the approval is denied.
Bor Restoration retains the right to grant or deny approval for any reason, or no reason at all. Furthermore, Bor Restoration may revoke an alternative supplier's approval if it determines in good faith that the goods or services no longer meet their quality standards. This lack of explicit criteria and the potential for denial without stated cause could present challenges for franchisees seeking alternative suppliers.