Besides DM Supplies, are Deck Medic or its other affiliates currently approved suppliers of source-restricted goods and services?
Deck_Medic Franchise · 2024 FDDAnswer from 2024 FDD Document
who meet our specifications and standards.
Our affiliate, DM Supplies is currently designated as an approved supplier of certain inventory items, including semi-transparent oil-based stains and stripping/cleaning products. Except for DM Supplies, currently, we are not and our affiliates are not approved suppliers of the source restricted goods and services identified below. Except as to DM Supplies, no officer of ours currently owns an interest in any of our designated suppliers.
If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information that we may request. We may charge you a supplier review and testing fee and we may request that you send us samples from the supplier for testing and documentation from the supplier for evaluation. We may also require, subject to our discretion, that we be allowed to inspect the supplier's facilities. We will notify you of our approval or disapproval within a reasonable time, not to exceed 60 days, after we receive your written request for approval and all additional information and samples that we may request. We may, in our discretion, withhold our approval. When evaluating the approval of a particular supplier, among other things, we consider: whether the supplier can demonstrate to our reasonable satisfaction the ability to meet our standards, specifications and production requirements, the suppliers quality control, whether or not we are the exclusive supplier of the particular item, whether or not our affiliate or affiliates are the exclusive supplier of the particular item, and whether or not the suppliers approval, in our sole determination, will allow us to advance the overall interests of the System.
We estimate that your purchase of goods and services from suppliers according to our specifications, including your purchase of goods or services from our designated exclusive suppliers to represent approximately 90% of your total purchases and leases in establishing the Franchised Business and approximately 90% of the on-going operating
expenses of the Franchised Business. We currently require that you purchase or lease the following source restricted goods and services from either us or our designated supplier:
-
- Initial Product Order As a part of your System Supplies, you must purchase some of your inventory and requirements for equipment and supplies from us, our affiliates, or our designees.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 19–22)
What This Means (2024 FDD)
According to Deck Medic's 2024 Franchise Disclosure Document, DM Supplies is an approved supplier of certain inventory items, including semi-transparent oil-based stains and stripping/cleaning products. Currently, Deck Medic and its other affiliates are not approved suppliers of other source-restricted goods and services.
Deck Medic requires franchisees to purchase or lease certain source-restricted goods and services, which are items that must meet Deck Medic's specifications and/or be purchased from an approved or designated supplier. These specifications and lists of approved suppliers are detailed in Deck Medic's manuals, and franchisees will be notified of any changes. If a supplier's standards fall below Deck Medic's designated standards, their approval will be revoked, and the franchisee will be notified in writing.
If a franchisee wishes to purchase a source-restricted item from a non-approved supplier, they must submit a written request for approval, along with any additional information Deck Medic requests. Deck Medic may charge a supplier review and testing fee and may request samples for testing and documentation for evaluation. Deck Medic may also inspect the supplier's facilities. Deck Medic will notify the franchisee of their decision within 60 days of receiving the request and all required information. Approval may be withheld at Deck Medic's discretion.
Deck Medic estimates that purchases from approved suppliers will constitute approximately 90% of the franchisee's total purchases and leases when establishing the franchise and about 90% of the ongoing operating expenses. Franchisees are required to purchase certain items, such as the initial product order, system supplies, branded items, marketing materials, point of sale system, business management system, computer equipment, service vehicles, credit card processing, and insurance, from Deck Medic or its designated suppliers.