What happens if a Chocolate Bash franchisee does not submit all required documents for site approval?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
ject to our approval. To obtain our approval, you must provide all information and documents about the site that we require.
- (iii) The factors we consider in approving sites are general location and neighborhood, competition, trade area demographics, traffic patterns, parking, size, physical characteristics of existing buildings, and lease terms.
- (iv) The time limit for us to approve or disapprove your proposed site is 30 days after you submit all of our required documents and information. (Section 6.1).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 19–25)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, a prospective franchisee must provide all required information and documentation about their chosen site to obtain approval from Chocolate Bash. The franchisor has 30 days to approve or disapprove the proposed site after receiving all necessary documents and information.
If the franchisee and Chocolate Bash cannot agree on a site, the franchisee will not be able to meet the obligation to develop and open the franchise by the deadline stated in the franchise agreement.
Unless Chocolate Bash agrees to extend the deadline, the franchisee will be in default, and Chocolate Bash has the right to terminate the franchise agreement. This underscores the importance of submitting all required documents promptly and working collaboratively with Chocolate Bash to find a mutually agreeable site within the specified timeframe.