What constitutes an 'Input' related to establishing or operating a Chocolate Fish Coffee franchise?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
urse of business, or (iv) sales of prepaid cards or similar products (but the redemption of any such card or product will be included in Gross Sales).
- "Input" means any goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items related to establishing or operating the Business.
- "Location" means the location stated on the Location Acceptance Letter.
- "Losses" includes (but is not limited to) all losses; damages; fines;
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, an "Input" is defined as any item related to establishing or operating the business. This includes a broad range of items such as goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items.
For a prospective franchisee, this definition is important because it clarifies the scope of items that Chocolate Fish Coffee may designate as needing to be purchased from approved or required vendors. Understanding what constitutes an "Input" helps franchisees anticipate potential costs and requirements for sourcing various aspects of their business.
The FDD also defines "Approved Vendor" as a supplier, vendor, or distributor of Inputs which has been approved by Chocolate Fish Franchising and "Required Vendor" as a supplier, vendor, or distributor of Inputs which Chocolate Fish Franchising requires franchisees to use. This means that Chocolate Fish Coffee has the authority to mandate specific suppliers for certain goods and services necessary for the operation of the franchise. Franchisees need to be aware of these requirements as they can impact costs, quality control, and operational consistency across all Chocolate Fish Coffee locations.