Does the definition of 'Input' for a Chocolate Fish Coffee franchise include fixtures?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
- "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.
Source: Item 23 — RECEIPTS (FDD pages 41–119)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the definition of "Input" does include fixtures. The FDD specifies that "Input" covers a broad range of items related to establishing or operating the business.
For a prospective Chocolate Fish Coffee franchisee, this means that the term "Inputs" is very broad and covers almost anything needed to run the business. This definition is important because the franchise agreement stipulates that franchisees must acquire all required "Inputs" in accordance with Chocolate Fish Coffee's System Standards. Chocolate Fish Coffee may also require franchisees to purchase or lease "Inputs" from specific vendors or under specific specifications.
Therefore, understanding what constitutes an "Input" is crucial for franchisees, as it dictates from whom and how they must procure essential items for their Chocolate Fish Coffee business. This also means that franchisees may need to seek approval from Chocolate Fish Coffee if they wish to use alternative vendors or inputs that deviate from the franchisor's standards.