What factors are considered by Chocolate Fish Coffee when evaluating a relocation request?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
You do not have the right to relocate your business, and we have no obligation to approve any request for relocation. Our policy is to approve relocation of a franchisee's business on caseby-case basis, considering factors such as changes in demographics, profitability of your current business, or a loss of your premises due to circumstances beyond your control.
Source: Item 12 — TERRITORY (FDD pages 27–29)
What This Means (2024 FDD)
According to Chocolate Fish Coffee's 2024 Franchise Disclosure Document, franchisees do not have the right to relocate their business and Chocolate Fish Coffee is under no obligation to approve relocation requests. However, Chocolate Fish Coffee's policy is to consider relocation requests on a case-by-case basis.
When evaluating a relocation request, Chocolate Fish Coffee will consider factors such as changes in demographics, the profitability of the franchisee's current business, or the loss of the premises due to circumstances beyond the franchisee's control. This means that if the area around the current location has experienced a significant population shift, impacting the customer base, Chocolate Fish Coffee may consider relocation. Similarly, if the business is not profitable, or if the current location is no longer available due to unforeseen circumstances like a natural disaster, Chocolate Fish Coffee may be open to relocation.
This policy provides some flexibility for franchisees facing challenging circumstances, but it's important to note that approval is not guaranteed. Franchisees should be prepared to present a strong case for relocation, supported by data and evidence, to demonstrate that the move is justified and will benefit both the franchisee and the Chocolate Fish Coffee brand. Prospective franchisees should discuss specific relocation scenarios with Chocolate Fish Coffee during their due diligence to fully understand the likelihood of approval under various circumstances.