Classic Wevelopment

Item 11

You must obtain and maintain at your own expense accounting, sales, reporting and records retention systems conforming to the requirements set by us.

Item 11

We will have access to all data captured by these computers.

Franchise agreement

Within sixty (60) days after the close of each twelve (12) month period, an annual profit and loss statement for the Restaurant for such year and a balance sheet for the Restaurant as of the end of such year, reviewed by an independent certified public accountant.

Item 8

We currently have no plans to sell required items to our franchisees, but our parent Wevelopment Korea will be the only Designated Supplier for the Proprietary Products that you must purchase for your Restaurant.

Item 8

We may revise the specifications and Designated Suppliers and approved suppliers through written bulletins or supplements to the Operations Manuals at any time.

Item 8

During the fiscal year ended December 31, 2025, no revenue, rebates or other material consideration was derived by us, Wevelopment Korea or our affiliates from the required purchases or leases by our franchisees.

Item 8

We and our affiliates have the right to receive payments, rebates, or other considerations from our approved suppliers on account of their dealings with you and other franchise owners

Item 8

approximately 75% to 85% of your total purchases in the continuing operation of the Restaurant

Item 8

You must reimburse us for our costs and expenses incurred for the evaluation.

Item 8

you may purchase all goods, services, equipment, supplies, fixtures, furnishings and inventory that we require you to have to operate your 1943 Classic Wevelopment Restaurant from any supplier we recommend or from any alternative supplier whom you propose and which we approve in writing following the procedures we…

Franchise agreement

Franchisee acknowledges and agrees that Franchisor will own all rights to and interest in each telephone number and online and telephone business directory listing and social media accounts used by Franchisee that is associated in any manner with Franchisee’s Restaurant and/or with any Mark (the “Listings”).

Franchise agreement

Franchisee agrees to comply with all applicable laws, regulations and with respect to Customer Data; in addition Franchisee agrees to comply with all data privacy and security requirements Franchisor may establish from time to time

Franchise agreement

Franchisor or its designees or agents shall visit and inspect, from time to time, Franchisee’s Restaurant and any motor vehicle used in connection with the Restaurant, evaluate the proper execution of the System, and confer with Franchisee and Franchisee’s employees in order to assist in the proper business operation…

Item 11

We will update periodically the Operations Manuals, as needed, in our sole discretion, to incorporate new developments and changes in the 1943 Classic Wevelopment System.

Item 12

We grant you a franchise for a specific location, which we must approve according to site selection procedures.

Franchise agreement

Franchisee is not permitted to promote its Franchised Restaurant or use any of the Marks in any manner on any social or networking websites, such as Facebook, LinkedIn or Twitter, without Franchisor’s prior written consent.

Franchise agreement

Franchisee shall fully participate in all guest loyalty or frequent customer programs now or in the future adopted or approved by Franchisor.

Item 8

You must purchase certain food products, proprietary ingredients, and related supplies solely from Wang Globalnet, located at 2465 Fruitland Ave., Vernon, CA 90058 (Phone: 213-622-5111), our designated supplier.

Item 8

You must purchase certain fixtures, furniture, and equipment, which are proprietary in nature and unique to the Restaurant (“Proprietary System Assets”), including but not limited to, signs, menu boards, and required or recommended computer and point of sale information system, trade secret and proprietary food…

Item 8

12 (i) You must purchase or lease your POS system, including hardware, software, and related equipment, solely from our Designated Supplier Bankcard Services,

Item 6

Unless otherwise noted, all fees are uniformly imposed by and payable to us by electronic fund transfer or other automatic payment mechanism we designate.

Franchise agreement

Franchisee shall participate in all gift certificate and/or gift card administration programs as may be designated by Franchisor from time to time.

Item 15

You must staff your 1943 Classic Wevelopment Restaurant with at least one (1) “Approved Manager.”

Franchise agreement

Franchisee shall require all personnel employed by Franchisee to wear standard related uniforms and attire during business hours in order to further enhance Franchisor’s product and format.

Item 8

You must purchase or lease your POS system, including hardware, software, and related equipment, solely from our Designated Supplier Bankcard Services

Item 11

We will have access to all data captured by these computers.

Item 11

There is a fee for refresher and/or additional training, currently rated at $100 per hour per instructor, plus other expenses incurred including transportation, lodging and meals.