How is the 'Location' of a Chocolate Bash franchise determined if it's not stated on the Summary Page?
Chocolate_Bash Franchise · 2024 FDDAnswer from 2024 FDD Document
- "Location" means the location stated on the Summary Page.
If no location is stated on the Summary Page, then the Location will be determined in accordance with Section 6.1.
ARTICLE 6. LOCATION, DEVELOPMENT, AND OPENING
6.1 Determining Location and Territory. If the Location and Territory are not stated on the Summary Page:
(i) Franchisee shall find a potential Location within the Development Area described on the Summary Page Franchisee shall submit its proposed Location to CB Franchising for acceptance, with all related information CB Franchising may request.
If CB Franchising does not accept the proposed Location in writing within 30 days, then it is deemed rejected.
- (ii) When CB Franchising accepts the Location, it shall issue a Location Acceptance Letter in the form of Attachment 2 which states the Location and Territory.
Source: Item 22 — CONTRACTS (FDD pages 38–39)
What This Means (2024 FDD)
According to Chocolate Bash's 2024 Franchise Disclosure Document, the 'Location' of the franchise is typically stated on the Summary Page of the Franchise Agreement. However, if the location is not specified on the Summary Page when the agreement is signed, the document outlines an alternative procedure.
In such cases, the determination of the Location will be made in accordance with Section 6.1 of the Franchise Agreement. This section details the process where the franchisee is responsible for finding a potential location within the Development Area, which is described on the Summary Page. The franchisee must then submit this proposed location to Chocolate Bash for their acceptance, along with any related information that Chocolate Bash may request.
Chocolate Bash has 30 days to either accept or reject the proposed location in writing. If Chocolate Bash does not respond within this 30-day period, the location is automatically deemed rejected. Upon acceptance of a location, Chocolate Bash will issue a Location Acceptance Letter, using the form provided as Attachment 2 in the Franchise Disclosure Document. This letter will officially state both the Location and the Territory granted to the franchisee.