What is the definition of 'Cooler' according to the Even Hotels FDD?
Even_Hotels Franchise · 2025 FDDAnswer from 2025 FDD Document
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- "Cooler" means a device provided by Company or Bottler for keeping Bottle/Can Beverages cool that does not contain a payment mechanism.
Source: Item 23 — RECEIPTS (FDD pages 99–438)
What This Means (2025 FDD)
According to the 2025 Even Hotels Franchise Disclosure Document, a 'Cooler' is defined as a device provided by the Coca-Cola Company or its bottlers. These coolers are specifically designed for keeping bottled and canned beverages cold.
The key characteristic of a cooler, as defined in the FDD, is that it does not include a payment mechanism. This means it's a non-vending unit intended for displaying and cooling beverages for purchase, but customers would need to take the beverage to a separate point of sale to pay for it.
This definition is important for Even Hotels franchisees because it clarifies the type of equipment that the Coca-Cola Company or its bottlers might provide for beverage sales. Understanding this distinction helps franchisees plan their beverage service areas and manage customer transactions effectively, ensuring compliance with the agreement and efficient operations.