FiiZ Drinks

Franchise agreement

Franchisor will, at all times and without notice to Franchisee, have the right to independently and remotely access and view Franchisee’s Computer System as described in Section 4 of this Agreement.

Franchise agreement

Franchisee must provide Franchisor with the following reports and information, all of which must be certified as true and correct by Franchisee and in the form and manner prescribed by Franchisor: (i) a signed Net Sales Report as described more fully in Section 4 of this Agreement on or before Monday of each week…

Item 8

We are currently the Approved Supplier for any technology services we determine to provide as part of your then-current Technology Fee.

Franchise agreement

Franchisor reserves the right to supplement, revise or otherwise modify the System or any aspect/component thereof, and Franchisee agrees to promptly accept and comply with any such addition, subtraction, revision, modification or change and make such reasonable expenditures as may be necessary to comply with any…

Item 8

For our fiscal year ended December 31, 2023, we generated a total of $318,419 on account of franchisees’ required purchases, or 13.7% of our total revenue of $2,332,001 over our past fiscal year.

Item 8

We and/or our Affiliates may receive payments or other compensation from Approved Suppliers or any other suppliers on account of these suppliers’ dealings with us, you, or other Franchised Businesses in the System, such as rebates, commissions or other forms of compensation.

Item 8

approximately 35% to 75% of your ongoing costs to operate the Franchised Business after the initial start-up phase

Item 8

must pay our then-current supplier or non-approved product evaluation fee when submitting your request.

Franchise agreement

If 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 price of…

Franchise agreement

Franchisee acknowledges that there will be substantial confusion among the public if, after the termination or expiration and non-renewal of this Agreement, Franchisee continues to use advertisements and/or the telephone number listed in the telephone directory or URL containing any Proprietary Mark, or any…

Franchise agreement

Franchisee must ensure compliance with all payment card industry (“PCI”) and data security standard (“DSS”) standards, regulations, and requirements.

Franchise agreement

Franchisor will, as it deems appropriate in its sole discretion, conduct inspections and/or audits of the Franchised Business and Premises to ensure that Franchisee is operating its Franchised Business in compliance with the terms of this Agreement, the Manuals and the System standards and specifications.

Item 11

We may periodically amend, update or replace the contents of the Manuals.

Franchise agreement

Franchisor must approve of Franchisee’s proposed location, as well as the lease for the Premises (the “Lease”) or purchase agreement for the location, prior to Franchisee entering into any such agreement for that location to serve as the Premises of the Franchised Business.

Franchise agreement

Franchisee may not establish any separate website or other Internet presence in connection with the Franchised Business, System or Proprietary Marks without Franchisor’s prior written consent.

Franchise agreement

Franchisee must spend a minimum of $10,000, and a maximum of $25,000, as designated by Franchisor, to promote and advertise the grand opening of the Franchised Business

Franchise agreement

In addition to the Initial Marketing Spend, Franchisee must expend a minimum amount on the local marketing, advertising and promotion of the Franchised Business within the Designated Territory, in an amount equal to at least three percent (3%) of Net Sales each month the Franchised Business is open and operating on…

Item 8

As of the Issue Date, we designate and require you to use Approved Suppliers for certain of the technology and administrative services you will need to operate your Shop.

Franchise agreement

(ii) ensure that all Required Items meet Franchisor’s standards and specifications; and (iii) purchase all items Franchisor specifies from the Approved Supplier(s) that Franchise designates, which may include Franchisor or its affiliate(s).

Franchise agreement

Franchisee is expressly prohibited from completing credit card transactions using any method or device other than the approved POS system, including, even temporarily, utilizing carbon-copy devices, paper receipts with written card information, and/or any other payment collection method.

Franchise agreement

Franchisee shall pay all fees and other amounts due to Franchisor and/or its affiliates under this Agreement through an electronic funds transfer program (the “EFT Program”), under which Franchisor automatically deducts all payments owed to Franchisor under this Agreement, or any other agreement between Franchisee…

Item 15

Your Shop must, at all times, be managed and staffed with at least one (1) individual who has successfully completed our Initial Training Program.

Item 11

We require the use of a point-of-sale system (“POS”) designated by us and estimate the cost of your Computer System to be between $3,000 to $18,000.

Item 11

We will have independent access to the information and data collected or generated by the POS and other Computer System component.

Franchise agreement

Franchisor may, as it deems appropriate in its discretion, develop additional and refresher training courses, and require Franchisee and its management to attend such courses.

Franchise agreement

Franchisee must also complete any additional or refresher training the Franchisor is permitted to require Franchisee to attend each year, and Franchisee must attend Franchisor’s annual conference if conducted.