HB Wellness

Franchise agreement

At all times, Franchisee shall provide and permit Franchisor to maintain direct and independent access to the Business Management System and Franchisee shall electronically transfer and transmit to Franchisor all Business Management System Data;

Franchise agreement

(2) Monthly Financial Statements and Reports – within 30 days of the end of each calendar month Franchisee shall submit to Franchisor monthly financial statements and other reports related to the operations of the Franchised business including, but not limited to, income statement, statement of cash flows, balance…

Item 8

Our affiliate, HB Wellness Supply, LLC is currently designated as an approved supplier of protein powders and energy drink mixes.

Franchise agreement

Franchisor, in Franchisor’s Reasonable Business Judgment, may from time to time modify the list of approved brands, suppliers and distributors of System Supplies and approved equipment, supplies and services to be utilized by the Franchised Business

Item 8

As of the Issuance Date of this Disclosure Document we have not received revenue from suppliers from franchisee purchases of source restricted products or services.

Item 8

We estimate that your purchase of goods and services from us or our approved suppliers, or that must conform to our specifications, will represent approximately 75% of your total purchases in establishing your Shop and approximately 60% of your total purchases in the continuing operations of your Shop.

Item 8

We may charge you a fee equal to the costs and expenses that we incur in reviewing and evaluating an alternate supplier, product, and/or service requested by you.

Item 8

If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information, samples, and testing data that we may request.

Franchise agreement

In the event of the termination of this Agreement, for any reason, that the accounts related to all telephone numbers associated with the Franchised Business and all rights in and to the telephone numbers associated with the Franchised Business, shall, at Franchisor’s election, be transferred to Franchisor.

Franchise agreement

Franchisor has the right at any and all times during business hours, throughout the terms of this Agreement and without prior notice to Franchisee to inspect, evaluate, and secret shop Franchisee’s Shop.

Item 11

At all times, we reserve the right to supplement, modify and update the Operations Manual.

Item 11

Although you are responsible for selecting a site for your Shop Location you must obtain our approval of your Shop Location.

Item 11

You may not use any websites, web-based media or digital media unless expressly approved by us in writing.

Franchise agreement

Not less than 30 days prior to the opening of the Franchised Business, Franchisee shall spend not less than $20,000 to $40,000 to market and promote the grand opening of the Franchised Business in accordance with Franchisor’s standards and specifications;

Item 11

On an on-going and monthly basis, you must spend not less than 1% of your monthly Gross Sales on the local marketing of your Shop.

Franchise agreement

participate in, offer, redeem, and honor, without the offset to any fees due to Franchisor, all Gift Card and customer loyalty programs designated by Franchisor

Item 11

If we establish a cooperative within a market that includes your Shop you must contribute to the cooperative in such amounts and frequency as determined by the cooperative.

Item 8

You must purchase the System Supplies, as designated by us, from us, our affiliates, and/or our designated suppliers.

Item 8

You may only use those products, supplies, equipment, technology systems, and services that we authorize and designate in writing.

Item 8

Credit Card Processing – You must use our designated supplier and vendor for credit card processing which may be integrated with the point of sale system that we designate.

Franchise agreement

Royalty Fee payments will be paid weekly and sent by ACH, electronic funds transfer, or as otherwise designated by Franchisor and shall be due on the Thursday of each weekly Accounting Period (for the preceding week and each week thereafter throughout the entire Term of this Agreement) or such other specific day of…

Franchise agreement

issue, sell, redeem, honor, and accept, without the offset to any fees due to Franchisor, all Gift Cards designated by Franchisor and participate in, offer, redeem, and honor, without the offset to any fees due to Franchisor, all Gift Card and customer loyalty programs designated by Franchisor

Item 15

At all times, your Shop must be managed and supervised on-site by either a Managing Owner or Operating Manager.

Item 11

you must ensure that all employees wear and maintain the proper uniforms with our approved System branded apparel and uniforms including, but not limited to, the apparel and uniforms comprising System Supplies.

Item 8

Currently you are required to purchase, license and utilize a Clover point of sale system with one configured hardware terminal, or such other systems as designated by us in the Operations Manual.

Item 11

You are required to provide us with independent access to all of the information and data that is transacted, collected, and stored by the Franchised Business on the Business Management Systems, your computer systems, and otherwise.

Franchise agreement

“Business Management System” means the software, internet, web based and/or cloud based system or systems, point of sale system or systems and customer relationship management system or systems as same may be individually or collectively designated by us, in our Reasonable Business Judgment, as being required for use…

Franchise agreement

Franchisor reserves the right to assess Franchisee reasonable charges for such training.