Does the definition of 'Remodel' for a Chocolate Fish Coffee franchise include changes to the furnishings?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
"Remodel" means a refurbishment, renovation, and remodeling of the Location to conform to the building design, exterior facade, trade dress, signage, fixtures, furnishings, equipment, decor, color schemes, presentation of the Marks, and other System Standards in a manner consistent with the image then in effect for a new Chocolate Fish Coffee 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 "Remodel" includes changes to the furnishings. Specifically, a remodel involves refurbishing, renovating, and remodeling the location to conform to the building design, exterior facade, trade dress, signage, fixtures, furnishings, equipment, decor, color schemes, presentation of the Marks, and other System Standards. This must be done in a manner consistent with the image then in effect for a new Chocolate Fish Coffee business.
This means that as a franchisee, you may be required to update or change the furnishings at your location to align with the current brand standards of Chocolate Fish Coffee. These changes are intended to maintain a consistent and updated image across all franchise locations.
The frequency of required remodels is limited. Chocolate Fish Coffee will not require a remodel in the first two or last two years of the franchise term, except as a condition for renewal or transfer. Additionally, remodels will not be required more than once every five years from the completion date of the prior remodel. This provides some predictability for franchisees in terms of capital expenditure on remodels.