Does the Fast Fix Jewelry And Watch Repairs addendum specify the parties involved?
Fast_Fix_Jewelry_And_Watch_Repairs Franchise · 2025 FDDAnswer from 2025 FDD Document
| of, 20 between Jewelry Repair Enterprises, Inc., a Pennsylvania corporation, with its principal | ||
|---|---|---|
| place of business at 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487 ("Franchisor," "we," "us" or | ||
| "our") and, a(n){corporation, limited liability company}, whose current | ||
| principal place of business is ("Franchisee," "you" or "your"). You | ||
| and we are sometimes referred to collectively as the "parties" or individually as a "party." | ||
| BACKGROUND INFORMATION: | ||
| We have simultaneously entered into the certain Franchise Agreement (the "Franchise Agreement") dated as of | ||
| with you, pursuant to which you plan to own and operate a franchised jewelry and watch | ||
| repair business, which offers products and services from a kiosk or from an in-line store (the "Service Center"). | ||
| The Fast-Fix Service Center uses certain proprietary knowledge, procedures, formats, systems, forms, printed | ||
| materials, applications, methods, specifications, standards and techniques authorized or developed by us | ||
| (collectively the "System"). We identify Service Centers and various components of the System by certain | ||
| trademarks, trade names, service marks, trade dress and other commercial symbols (collectively the "Marks"). In |
Source: Item 22 — CONTRACTS (FDD page 37)
What This Means (2025 FDD)
According to Fast Fix Jewelry And Watch Repairs's 2025 Franchise Disclosure Document, the addendum specifies the parties involved in the agreement. The agreement is made as of a particular date between Jewelry Repair Enterprises, Inc., identified as the Franchisor (also referred to as "we," "us," or "our"), and the franchisee, who is referred to as "you" or "your." The franchisee is identified as a corporation or limited liability company with a principal place of business specified in the document. Both parties, the franchisor and the franchisee, are collectively referred to as the "parties" or individually as a "party" within the agreement.
This clear identification of parties is a standard practice in franchising, ensuring that all parties involved are legally recognized and bound by the terms of the agreement. This section of the FDD also provides background information, stating that the parties have simultaneously entered into a Franchise Agreement, which allows the franchisee to operate a franchised jewelry and watch repair business from a kiosk or in-line store referred to as the "Service Center".
The document also states that the Fast-Fix Service Center operates using proprietary knowledge, procedures, formats, systems, forms, printed materials, applications, methods, specifications, standards, and techniques authorized or developed by the franchisor, collectively known as the "System". The franchisor identifies the Service Centers and components of the System using trademarks, trade names, service marks, trade dress, and other commercial symbols, collectively known as the "Marks".