What factors does Chocolate Fish Coffee consider when approving a site?

According to the 2024 Chocolate Fish Coffee FDD, the factors that Chocolate Fish Coffee considers when approving a potential site include the general location and neighborhood, competition, trade area demographics, traffic patterns, parking availability, the size and physical characteristics of existing buildings, and the lease terms associated with the site.

This means that prospective franchisees need to carefully evaluate potential locations based on these criteria and provide Chocolate Fish Coffee with all required information and documents about the site for their review. Chocolate Fish Coffee has 30 days to approve or disapprove a proposed site after the franchisee submits all required documentation. If Chocolate Fish Coffee disapproves of the site, the franchisee must find an alternative location that meets the franchisor's approval.

If a mutually agreeable site cannot be found, the franchisee risks defaulting on the franchise agreement, potentially leading to termination, unless an extension is granted by Chocolate Fish Coffee. Franchisees should, therefore, prioritize thorough site selection and open communication with Chocolate Fish Coffee to ensure alignment with their criteria and to avoid potential delays or complications.