Chill-N Nitrogen Ice Cream

Franchise agreement

during the term of this Agreement, or until Franchisee employs a dedicated accountant, Franchisee must use the services of one of Franchisor’s designated and preferred accounting firms (the “Accounting Firm”).

Franchise agreement

Franchisor shall also have the right to, at any time without notice, electronically connect with Franchisee’s Computer System to monitor or retrieve data stored on the Computer System or for any other purpose Franchisor deems necessary.

Franchise agreement

Franchisee must also provide an unaudited profit and loss statement covering the Franchised Business for Franchisee’s fiscal year end.

Item 8

As of the Issue Date of this Disclosure Document, we are the sole supplier of the Opening Package of apparel, uniforms, specialty food items and Chill-N proprietary technology for the dispensing and controlling of the nitrogen equipment.

Franchise agreement

Franchisor reserves the right to designate and/or change the amount, scope, or manner of payment of the Technology Fee, including the party to whom payment is made, at any time upon providing reasonable notice to Franchisee.

Item 8

During the fiscal year ended December 31, 2021, neither we nor our affiliate have received any revenues from required franchisee purchases or leases, but we reserve the right to do so in the future.

Item 8

We have the right to receive payments from suppliers on account of their dealings with you and other franchisees and to use all amounts we receive without restriction (unless instructed otherwise by the supplier) for any purposes we deem appropriate.

Item 8

approximately 70% to 80% of your annual costs to operate your Business on an ongoing basis.

Franchise agreement

In the event Franchisee wishes to purchase any unapproved item, including inventory, and/or acquire approved items from an unapproved supplier, Franchisee must provide Franchisor the name, address and telephone number of the proposed supplier, a description of the item Franchisee wishes to purchase, and the purchase…

Item 17

immediately cease using your telephone number and listing and, if we exercise our rights under the collateral assignment of telephone numbers, transfer the numbers and listings to us within fifteen calendar days

Franchise agreement

Franchisor shall have the right to inspect the Franchised Business prior to the opening of the Franchised Business to determine whether all construction has been substantially completed, and that such construction conforms to Franchisor’s standards and specifications, including, but not limited to, materials, quality…

Item 11

You will operate the Business at the Approved Location agreed upon by you and us.

Franchise agreement

Franchisee is prohibited, however, from establishing any website or other presence on the Internet, except as provided herein.

Franchise agreement

During the period thirty (30) days immediately prior to opening and through forty-five (45) days immediately following the opening of the Franchised Business, Franchisee must spend between $5,000 and $7,000 on grand opening advertising (the “Grand Opening Advertising Requirement”).

Item 11

you must spend a minimum of 3% of Gross Sales per month on local advertising and promotion implemented in a format and using materials and designs approved by us as your required Local Advertising, Marketing, and Promotional Expenditure.

Franchise agreement

Franchisee must participate in and comply with all terms and conditions of any loyalty and/or promotional program Franchisor designates.

Item 11

If a Cooperative is established applicable to the Franchised Business, you must participate in and contribute to such Cooperative.

Item 8

You must also purchase your POS System from a supplier designated and approved by us.

Franchise agreement

Franchisee agrees to purchase: (a) prepared food and beverage items; (b) ready to cook or bake food and desert items; (c) mixes and raw ingredients, and other food and beverage items; (d) coffee; (e) Franchised Business equipment; and (e) small wares, other inventory, signs, furnishings, supplies, fixtures, computer…

Item 8

You must also use our designated suppliers for credit card processing and gift card redemption, which are currently listed in the Operations Manual.

Item 6

Royalty payments are paid weekly via ACH on each Wednesday for the sales week ending the immediately preceding Sunday.

Item 15

Your Business must, at all times, be staffed with at least one individual who has successfully completed our initial training program.

Item 16

You may not use nor sell any products, materials, ingredients, supplies, paper goods, uniforms, merchandise, fixtures, furnishings, signs, or equipment which do not meet our standards and specifications.

Item 8

You must purchase, install and maintain a POS System at your Business of the brand, type and/or model approved by us, which is currently listed in the Operations Manual.

Item 11

We reserve the right to have independent access to any data you collect electronically.

Item 11

We may offer additional training programs and/or refresher courses to you, your manager, and/or your employees.

Item 11

We will require you to attend the Annual Conference and pay our then-current registration fee.