factual

What information about the franchisee's business will be included on the Chocolate Fish Coffee brand website?

Chocolate_Fish_Coffee Franchise · 2024 FDD

Answer from 2024 FDD Document

  • G. Website. We will maintain a website for the Chocolate Fish Coffee brand, which will include your business information and telephone number. (Section 5.5)

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 20–27)

What This Means (2024 FDD)

According to the 2024 Chocolate Fish Coffee Franchise Disclosure Document, the brand will maintain a website that includes the franchisee's business information and telephone number. This is a standard practice in franchising, as it helps customers locate the nearest Chocolate Fish Coffee location and provides franchisees with an online presence.

Maintaining a brand website is one of Chocolate Fish Coffee's post-opening obligations to its franchisees. The website may be paid for by the Brand Fund, which franchisees contribute to weekly at a rate of 1% of gross sales. However, Chocolate Fish Coffee is not obligated to spend any specific amount on advertising in the area where a particular franchisee is located.

As a new franchisor, Chocolate Fish Coffee did not spend any money from the Brand Fund in its most recently concluded fiscal year. If funds are not fully spent in the fiscal year they accrue, the remaining money will stay in the Brand Fund for use in the following year. This ensures that contributions are used for marketing and related purposes to benefit the Chocolate Fish Coffee brand and its franchisees.

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.