Under what condition can Golden Krust Caribbean Restaurant revoke approval of a supplier?
Golden_Krust_Caribbean_Restaurant Franchise · 2024 FDDAnswer from 2024 FDD Document
You must discontinue selling or offering for sale any products or services which we, in our sole discretion, disapprove in writing at any time. If you would like to use or offer products, services, supplies, materials, and/or equipment that we have not approved, you agree to first submit to us a written request for approval and you shall refrain from offering these items at the Restaurant until you have received our written approval. We have the right to require you to use only certain brands and to prohibit you from using other brands. We may modify the list of approved brands and you shall not reorder any brand that is no longer approved.
Source: Item 22 — CONTRACTS (FDD page 35)
What This Means (2024 FDD)
According to the 2024 Franchise Disclosure Document, Golden Krust Caribbean Restaurant has the authority to disapprove products and services, including brands, that franchisees offer. Specifically, Golden Krust Caribbean Restaurant retains the sole discretion to disapprove of any products or services in writing at any time. If Golden Krust Caribbean Restaurant disapproves a brand, franchisees are prohibited from reordering it.
This means that as a Golden Krust Caribbean Restaurant franchisee, you must discontinue selling any products or services that the company disapproves of, and you cannot reorder any brands that are no longer approved. This condition is in place to ensure that all Golden Krust Caribbean Restaurant locations maintain a consistent standard of quality and adhere to the brand's specifications.
Before introducing any new products, services, supplies, materials, or equipment, franchisees must submit a written request for approval and refrain from offering these items until written approval is received. This policy allows Golden Krust Caribbean Restaurant to control the products and services offered under its brand name and maintain uniformity across all franchise locations.