What kind of agreement must a new Gold Star supplier execute?
Gold_Star Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.5 Supplier Confidentiality.
Any new supplier must execute a confidentiality agreement in form and substance satisfactory to the COMPANY prior to receiving the COMPANY's approval.
Source: Item 23 — Receipts (FDD pages 53–163)
What This Means (2025 FDD)
According to Gold Star's 2025 Franchise Disclosure Document, any new supplier must execute a confidentiality agreement. This agreement must be in a form and substance that is satisfactory to Gold Star before the supplier receives approval.
This requirement ensures that suppliers who work with Gold Star maintain the confidentiality of proprietary information, trade secrets, and other sensitive data related to Gold Star's operations. By mandating a confidentiality agreement, Gold Star aims to protect its business methods, recipes, and other confidential information from being disclosed to competitors or used in ways that could harm the franchise system.
For a prospective Gold Star franchisee, this means that if they wish to use a supplier not already approved by Gold Star, that supplier will need to agree to the confidentiality terms set by Gold Star. This process helps maintain the integrity and consistency of the Gold Star brand and its operations.