Does the definition of 'Losses' for a Chocolate Fish Coffee franchise include financing costs?

According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, the definition of 'Losses' does not specifically list financing costs. However, the definition is broad and includes (but is not limited to) all losses, damages, fines, charges, and expenses.

This means that while 'financing costs' are not explicitly named, they could potentially be included under the general term 'expenses' depending on the specific circumstances. The definition also encompasses items like lost profits, attorney's fees, travel expenses, expert witness fees, court costs, settlement amounts, judgments, and loss of Chocolate Fish Coffee's reputation and goodwill.

Prospective franchisees should carefully consider this broad definition and seek clarification from Chocolate Fish Coffee regarding what specific types of costs and expenses would be considered 'Losses' in various scenarios. Understanding this definition is crucial, as it could impact the franchisee's financial responsibilities in case of disputes or other issues.