What is the definition of 'POS System' in the context of a Carbones Pizzeria franchise?
Carbones_Pizzeria Franchise · 2025 FDDAnswer from 2025 FDD Document
ither necessitated by Franchisee's failure to prepare and deliver its financial statements, or to keep and preserve records as required by this Agreement, or unless such inspection discloses that any such statements made and delivered by Franchisee are in error by two percent (2%) or more of Gross Sales for any month, in either of which event such costs and expenses shall be borne and paid by Franchisee upon demand.
- m. Franchisee shall, at its sole expense, acquire and use the point-of-sale system required by Franchisor from time to time (the "POS System"). Franchisee shall, and shall ensure that, all sales of food, beverages and any other items of any kind by Franchisee shall be recorded through the POS System. Sales records produced by the POS System shall be maintained by Franchisee and open to inspection, examination and audit by Franchisor and its authorized representatives at all reasonable times.
- n. Only such vending machines as have been approved in writing by Franchisor may be installed on the premises of the Restaurant by Franchisee.
- o. The POS System shall maintain daily records indicating the Gross Sales for each day. Franchisee shall record all voided sales in the POS System.
Source: Item 23 — RECEIPTS (FDD pages 30–116)
What This Means (2025 FDD)
According to the 2025 Carbones Pizzeria Franchise Disclosure Document, the POS (Point of Sale) system is the point-of-sale system required by Carbones Pizzeria from time to time. Franchisees are required to acquire and use this system at their own expense. All sales of food, beverages, and any other items must be recorded through the POS System.
The POS system must maintain daily records indicating the gross sales for each day, and franchisees must record all voided sales in the POS system. These sales records produced by the POS system must be maintained by the franchisee and be open for inspection, examination, and audit by Carbones Pizzeria and its authorized representatives at all reasonable times.
Carbones Pizzeria also has independent direct access to all data in the POS System and may access this data at any time. The franchisee is required to assist to facilitate this access. The POS System sales data, or any previous continuous cash register tapes, must be maintained for each week and preserved for at least five years by the franchisee in a condition sufficient for Carbones Pizzeria or its representative to easily identify the week and year to which such data relates during any examination of the franchisee's records.