LMC Franchising

Franchise agreement

Franchisee will purchase, use, and maintain the computer system at the Café approved by Franchisor.

Item 11

We may retrieve from your POS System and other technology any and all information we consider necessary, desirable, or appropriate, including customer, sales, sales mix, usage, and other operations data.

Franchise agreement

Franchisee will provide Franchisor with such financial information as Franchisor may periodically request from Franchisee and each Principal, including copies of unaudited financial statements to be delivered to Franchisor on a quarterly basis, within twenty (20) days after the end of each calendar quarter, and…

Franchise agreement

Franchisor, at its sole option, may unilaterally modify, replace, or otherwise change the System and Standards from time to time, whether set forth in the Manuals or otherwise.

Item 8

During our last fiscal year ended December 31, 2023, neither we nor any of our affiliates received any such payments or other consideration from any approved supplier based on franchisees’ purchases or leases of required products or services from approved suppliers.

Item 8

We estimate that the cost of required purchases or leases you must make from approved suppliers or in accordance with our specifications will represent approximately 25% to 35% of your initial investment to establish and open the Café and will represent approximately 25% to 35% of your ongoing expenses for the…

Item 8

You must reimburse us for the costs that we incur in the supplier approval process, including the facility inspection.

Item 8

If we require an item or product to be purchased from an approved supplier and you wish to purchase it from a supplier we have not approved, you must submit to us a written request for approval.

Franchise agreement

authorize the transfer of such numbers and directory listings to Franchisor, or, at Franchisor’s direction, instruct the telephone company to forward all calls made to Franchisee’s telephone numbers to numbers Franchisor specifies.

Franchise agreement

Franchisee, its Affiliates, and their respective Principals will: (i) obtain, maintain and adhere to all applicable standards established by the PCI-DSS;

Franchise agreement

Franchisee will participate in all customer surveys, satisfaction audits and promotional programs as Franchisor may require from time to time, which may require Franchisee to provide discounted or complimentary Products.

Item 11

From time to time, we (or our affiliates or designees) may inspect and examine the Café, its premises, and your books, records, accounts, and tax returns, and may evaluate the Café’s products and services, to maintain the high standards of quality, appearance and service of the System, in person or remotely by…

Franchise agreement

Franchisor, at its sole option, may unilaterally modify, replace, or otherwise change the System and Standards from time to time, whether set forth in the Manuals or otherwise.

Item 11

You must receive our written consent before developing the site pursuant to a site acceptance letter.

Item 11

You are prohibited from establishing or utilizing your own website, mobile apps appearing on smartphones or other electronic devices (including, for example, from Android Marketplace or the Apple Store), or social media webpage to promote your Café, except with our prior written consent.

Franchise agreement

Franchisee will spend at least the Grand Opening Fee in connection with advertising and promotion of the Café in connection with the Café’s grand opening.

Item 11

In addition to the contributions that you pay to the Marketing Fund, you must spend, at a minimum, 2% of the Gross Sales of your Café for local advertising and promoting your Café (“Local Marketing Expenditure”).

Item 11

If a cooperative is established for an area that includes your Designated Area (defined in Item 12 below), you must become a member of the cooperative and participate in the cooperative by contributing the amounts required by the cooperative.

Item 8

You must purchase, lease, license, sublicense, or otherwise obtain from suppliers that we approve (which may be us or our affiliate): (1) fixtures, furniture, equipment, computer systems, and décor;

Item 6

These payments must be submitted to us electronically by electronic funds transfer.

Franchise agreement

At least one (1) qualified Café Manager who has completed Approved Management Training must be present at the Café during all hours of operation to ensure that the Café is at all times under the direct supervision of a qualified Café Manager.

Franchise agreement

Franchisee will cause all employees, while working in the Café, to wear uniforms as Franchisor may periodically designate, and to present a neat and clean appearance in accordance with the Standards.

Item 11

We currently require all franchisees to obtain, install before opening and starting the operation of your Café, and use a POS System (including a gift card reader and such other add-on consoles) that meets our standards and specifications and that we approve, as well as internet connections and service, required…

Item 11

We may retrieve from your POS System and other technology any and all information we consider necessary, desirable, or appropriate, including customer, sales, sales mix, usage, and other operations data.

Franchise agreement

Franchisee may be required to pay Franchisor’s then-current training fee for any additional training designated by Franchisor or requested by Franchisee.

Item 11

You and your management-level personnel must attend such meetings and conferences.