factual

What is a Chocolate Fish Coffee franchisee required to do regarding the condition and repair of the business?

Chocolate_Fish_Coffee Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 7.12 Maintenance and Repair. Franchisee shall at all times keep the Business in a neat and clean condition, perform all appropriate maintenance, and keep all physical property in good repair.

In addition, Franchisee shall promptly perform all work on the physical property of the Business as Chocolate Fish Franchising may prescribe from time to time, including but not limited to periodic interior and exterior painting; resurfacing of the parking lot; roof repairs; and

replacement of obsolete or worn out signage, floor coverings, furnishings, equipment and décor. Franchisee acknowledges that the System Standards may include requirements for cleaning, maintenance, and repair.

Source: Item 23 — RECEIPTS (FDD pages 41–119)

What This Means (2024 FDD)

According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, franchisees are responsible for maintaining the business premises. Franchisees must keep the business in a neat and clean condition, perform appropriate maintenance, and ensure all physical property is in good repair. This encompasses both the interior and exterior of the premises.

Chocolate Fish Coffee may also prescribe specific work that the franchisee must perform on the physical property from time to time. This includes, but is not limited to, periodic interior and exterior painting, resurfacing of the parking lot, roof repairs, and replacement of obsolete or worn-out signage, floor coverings, furnishings, equipment, and décor. These requirements are part of the System Standards, which franchisees must adhere to.

This means a prospective Chocolate Fish Coffee franchisee needs to budget not only for initial build-out and ongoing operational costs, but also for regular maintenance and potential upgrades or repairs mandated by the franchisor. Failing to keep the premises in good repair could result in the franchisee being in breach of the franchise agreement.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.