factual

How will Endless Summer Sweets notify franchisees of approvals or revocations of suppliers?

Endless_Summer_Sweets Franchise · 2024 FDD

Answer from 2024 FDD Document

We may grant approvals of new suppliers or revoke past approvals of suppliers on written notice to you or by updating our Manual.

E. Alternative Suppliers

We may approve other or alternate vendors if you request it in writing or if a vendor requests it and if the vendor demonstrates to our satisfaction that it is financially stable and can provide products or services that meet our specifications and that are consistent with our image. We will grant or revoke approvals of suppliers based on criteria appropriate to the situation, which may include evaluations of the supplier's capacity, quality, financial stability, reputation, and reliability; inspections; product testing, and performance reviews. Our criteria for approving suppliers are not available to you.

There is no fee for us to review or approve an alternate supplier, but we may charge our reasonable costs incurred in evaluating a proposed vendor. We will give you a good faith estimate of our cost of evaluating a proposed vendor within a reasonable time after you make the request, but before we begin the evaluation process. We will provide you with written notification of the approval or disapproval of any supplier you propose within 30 days after receipt of your request.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 14–16)

What This Means (2024 FDD)

According to Endless Summer Sweets' 2024 Franchise Disclosure Document, the company may grant approvals of new suppliers or revoke past approvals of suppliers by providing written notice to the franchisee or by updating the franchise's manual.

Endless Summer Sweets may approve other or alternate vendors if a franchisee requests it in writing, or if a vendor requests it and demonstrates that it is financially stable and can provide products or services that meet the company's specifications and are consistent with its image. The company will grant or revoke approvals of suppliers based on criteria appropriate to the situation, including evaluations of the supplier's capacity, quality, financial stability, reputation, and reliability; inspections; product testing, and performance reviews.

There is no fee for Endless Summer Sweets to review or approve an alternate supplier; however, the company may charge its reasonable costs incurred in evaluating a proposed vendor. The company will provide a good faith estimate of the cost of evaluating a proposed vendor within a reasonable time after the franchisee makes the request, but before the company begins the evaluation process. Endless Summer Sweets will provide written notification of the approval or disapproval of any supplier a franchisee proposes within 30 days after receipt of the request.

Prospective franchisees should note that Endless Summer Sweets' criteria for approving suppliers are not available to them.

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.