Hokkaido Baked Cheese Tart

Item 6

You must install and use, at your expense, the pre-authorized payment, point of sale, credit card processing, automatic payment, automated banking, electronic debit and/or electronic funds transfer systems that we designate and require in the operation of your Shop.

Franchise agreement

Hokkaido has the right to independently access any and all information on your POS System, at any time, without first notifying you.

Franchise agreement

You shall submit to Hokkaido, on or before the 15th day following the end of each month, financial reports on the income and expenses of the Hokkaido Store in the format specified in the Manual.

Item 8

As of the date of this disclosure document, our affiliate, Hokkaido Baked Cheese Tart USA LLC (described in Item 1 and owned by Mark Zhang and Fan Zhang) is the sole Approved Supplier for the Hokkaido Proprietary Products.

Item 11

We have the right to change at any time.

Item 8

As of the date of issuance of this FDD, we received $0 in revenue from all required purchases and leases of products and services by franchisees, including purchases of items to be resold in the Shop, and rebates we receive from third-parties.

Item 8

We and/or our affiliate(s) 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

We estimate that your Required Purchases, purchases and leases from Approved Suppliers and purchases that must meet our specifications in total will be about 85-95% of your total purchases to establish the Shop and about 85 to 95% of your purchases to continue the operation of the Shop.

Item 8

You must pay our then- current supplier or non-approved product evaluation fee when submitting your request, as well as cover our costs incurred in evaluating your request.

Franchise agreement

If you want to purchase any item, product service, goods, equipment or supplies from a supplier or distributor who is not on our approved list, you may request our approval of the supplier or distributor

Item 11

You acknowledge and agree that we will own all rights and interest in each telephone number (regardless of whether such telephone number pre-existed any Franchise Agreement) and telephone directory listing, email address, domain name, social media platform, and comparable electronic identify that is associated in any…

Franchise agreement

You shall at all times be compliant with all Payment Card Industry Data Security Standards, any and all requirements imposed by all applicable payment processors and payment networks, including credit card and debit card processors, and any and all state and federal laws, rules and regulations relating to data…

Item 11

We have the right to review your business operations, in person, by mail, or electronically, and to inspect your operations and obtain your paper and electronic business records related to the Franchised Business and any other operations taking place through your Franchised Business.

Franchise agreement

Hokkaido will revise the Manual periodically, at its discretion to conform to the changing needs of the Franchise Network and will distribute updated pages containing these revisions to You from time-to-time.

Item 11

We must approve your site before you open your Hokkaido Business franchise.

Franchise agreement

Unless otherwise approved in writing by Hokkaido, You shall not establish a separate Website.

Item 7

You must spend a minimum of $500 prior to the opening your Shop to promote your grand opening.

Item 6

On an on-going monthly basis, you must spend not less than 2% of your monthly Gross Revenue on the local marketing of your Shop within your designated territory and in accordance with our standards and specifications.

Franchise agreement

Payment of royalties and fees shall be made by electronic funds transfer or direct deposit.

Item 6

Currently we have not implemented a fee for these systems but require that you access and purchase these services as point of sale integrations from our currently designated point of sale vendor.

Franchise agreement

completed Hokkaido initial training program shall be present at the Shop whenever the Hokkaido Store is open for business.

Item 11

You must purchase and use the complete computer software services and electronic cash register/point-of- sale system (i.e., the “POS System”) we require, which we have the right to change at any time.

Franchise agreement

Hokkaido has the right to independently access any and all information on your POS System, at any time, without first notifying you.

Item 11

At our option, we may charge you a conference fee or a proportionate share of our out-of-pocket costs for each annual conference.

Item 11

If and when we do, you (or your Operating Principal) must attend a regional or national conference, which shall not occur more than one time per year.