factual

Will Endless Summer Sweets provide a cost estimate for evaluating a proposed vendor?

Endless_Summer_Sweets Franchise · 2024 FDD

Answer from 2024 FDD Document

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's 2024 Franchise Disclosure Document, Endless Summer Sweets may approve alternative vendors if a franchisee requests it in writing, or if the vendor requests it, and the vendor demonstrates that it is financially stable and can provide products or services that meet Endless Summer Sweets's specifications.

The FDD states that there is no fee for Endless Summer Sweets to review or approve an alternate supplier. However, Endless Summer Sweets may charge reasonable costs incurred in evaluating a proposed vendor.

Endless Summer Sweets will provide a good faith estimate of their cost of evaluating a proposed vendor within a reasonable time after the franchisee makes the request, but before they begin 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.

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.