factual

What is the minimum assessment fee for Burros Fries franchisee equipment testing?

Burros_Fries Franchise · 2024 FDD

Answer from 2024 FDD Document

egoing shall be in addition to any other remedies we may have pursuant to this Agreement.

H. Product, Vendor and Equipment Assessment Fee

Franchisee will pay an assessment fee for our approval of any product (including menu item), vendor, supplier or any piece of equipment (to the extent not then on our list of approved products, vendors or kitchen equipment), which may also require third party testing. The assessment fee is three hundred dollars ($300) for a single product (including any menu or retail item) and/or vendor or supplier that Franchisee wishes to offer, use and/or substitute in its Business. The fee for any type of equipmenttesting is a minimum of three hundred dollars ($300) per piece or the actual cost incurred by us. We may waive these fees if the products, vendors, suppliers and/or pieces of equipment that the Franchisee selects meet our requirements and make it on our approved list of products, vendors or suppliers and equipment for all franchise locations.

Franchisee must obtain our written approval for such products, vendors or suppliers and any type of equipment Franchisee wishes to offer or use in its Business (as described in Section 12.I of this Agreement). We will have thirty (30) days following the receipt of Franchisee's written request to approve or disapprove proposed products, vendors, suppliers and equipment. Such approval or disapproval shall be made by email or any other form of written communication. We will provide such approval via email or any other form of written communication. If we do not approve the proposed products, vendors or suppliers and equipment by written communication to Franchisee within

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2024 FDD)

According to the 2024 Burros Fries Franchise Disclosure Document, franchisees must pay an assessment fee for any product, vendor, supplier, or piece of equipment not already on the approved list. This assessment may require third-party testing.

The minimum fee for equipment testing is $300 per piece, or the actual cost incurred by Burros Fries, whichever is higher. However, Burros Fries may waive this fee if the equipment meets their requirements and is added to the approved list for all franchise locations.

Before using any equipment in their Burros Fries Business, franchisees must obtain written approval from the company. Burros Fries has 30 days to approve or disapprove the proposed equipment following receipt of the franchisee's written request. The franchisee is also responsible for covering the costs of any third-party testing that may be required.

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.