Does the definition of 'Input' for a Chocolate Fish Coffee franchise include real estate?
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 real estate. The FDD defines "Input" as any goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items related to establishing or operating the Business.
This means that when Chocolate Fish Coffee refers to "Inputs," it encompasses a wide range of items necessary for setting up and running the franchise, explicitly including real estate. This definition is important because it clarifies what franchisees may be required to purchase from approved or required vendors.
Prospective franchisees should pay close attention to the implications of this definition, especially when reviewing the list of Approved Vendors and Required Vendors. Understanding which Inputs, including real estate, must be sourced from specific vendors is crucial for budgeting and operational planning.