Where can I find the Franchise Agreement for Chocolate Fish Coffee?
Chocolate_Fish_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 1: THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES]
Information About Our Business and the Franchises Offered
We do not operate businesses of the type being franchised, but our Affiliate company does.
We do not have any other business activities. We have not offered franchises in other lines of business.
If you sign a franchise agreement with us, you will develop and operate a specialty coffee shop featuring a hybrid business model which continues the imaginative and inventive business practices of our brand offering caffeinated beverages, combining the highest quality drinks with a simple food menu and unrivaled customer service, under the trade name Chocolate Fish Coffee. If you sign a Multi-Unit Development Agreement (attached as Exhibit C to this disclosure document), you will develop multiple Chocolate Fish Coffee outlets, on an agreed-upon schedule.
For each future unit franchise, we will require you to sign our then-current form of franchise agreement, which may be different from the form of franchise agreement included in this disclosure document.
[Item 23: RECEIPTS]
FRANCHISE AGREEMENT
This Agreement is made between Chocolate Fish Franchising, LLC, a Wyoming Limited Liability Company ("Chocolate Fish Franchising"), and Franchisee effective as of the date signed by Chocolate Fish Franchising (the "Effective Date").
- 2. Form of Agreement. For Store #1, Franchisee and Chocolate Fish Franchising have executed the Franchise Agreement simultaneously with this MUDA. For each additional Chocolate Fish Coffee franchise, Franchisee shall execute Chocolate Fish Franchising's thencurrent standard form of franchise agreement no later than three business days after Franchisee leases or acquires a location. This MUDA does not give Franchisee the right to construct, open, or operate a Chocolate Fish Coffee business, and Franchisee acknowledges that Franchisee may construct, open, and operate each Chocolate Fish Coffee business only pursuant to a separate
Source: Item 22 — CONTRACTS (FDD page 41)
What This Means (2024 FDD)
According to the 2024 Chocolate Fish Coffee FDD, the Franchise Agreement is referenced throughout the document. Item 1 indicates that if you sign a franchise agreement with Chocolate Fish Coffee, you will develop and operate a specialty coffee shop. Furthermore, if you sign a Multi-Unit Development Agreement (MUDA), which is attached as Exhibit C to the disclosure document, you will develop multiple Chocolate Fish Coffee outlets based on an agreed-upon schedule. For each future unit franchise, Chocolate Fish Coffee will require you to sign their then-current form of franchise agreement, which may differ from the one included in the disclosure document.
Item 23 includes the Franchise Agreement, which is made between Chocolate Fish Franchising, LLC, and the Franchisee, effective as of the date signed by Chocolate Fish Franchising. For Store #1, the Franchisee and Chocolate Fish Franchising execute the Franchise Agreement simultaneously with the MUDA. For each additional Chocolate Fish Coffee franchise, the Franchisee must execute Chocolate Fish Franchising's then-current standard form of franchise agreement no later than three business days after the Franchisee leases or acquires a location.
Prospective franchisees should carefully review the Franchise Agreement and Multi-Unit Development Agreement (Exhibit C) to understand their rights and obligations. It is important to note that the franchise agreement may change for future unit franchises, so franchisees should pay close attention to the terms of the then-current agreement. Additionally, franchisees should be aware of the conditions under which Chocolate Fish Franchising may terminate the MUDA, such as failure to satisfy the development schedule or default under any franchise agreement.