PERKINS

Franchise agreement

Operator shall prepare and deliver to Company on a monthly basis, no later than the twentieth day of each month, an unaudited profit and loss statement in a form satisfactory to Company acting in its sole and subjective discretion covering Operator’s business for the prior month and such additional reports as Company…

Item 8

Perkins (or any affiliates) may be an approved supplier, or the only approved supplier, of any such items.

Item 11

Perkins has formed a franchisee advisory council that provides advice to Perkins on various matters, including advertising matters.

Franchise agreement

or to change suppliers for any other reason.

Item 8

During Perkins’ last fiscal year (May 1, 2024 to April 29, 2025), Perkins did not sell products to Perkins franchisees.

Item 8

During the last fiscal year, the total amount of rebates that Perkins received from third-party suppliers based on franchisees’ purchases from them were approximately $94,716.

Item 8

Perkins estimates that the cost of items to be purchased in accordance with its specifications and from designated or approved suppliers will represent 75 to 80% of your total purchases in establishing your Franchise, and that purchases of these items will represent 80 to 90% of your overall purchases in operating…

Franchise agreement

Operator shall pay a fee to Company for such testing.

Item 8

If you want to purchase or lease items or services from an unapproved supplier, you must submit a written request for approval to Perkins

Franchise agreement

Take such action as may be required by Company to transfer and assign to Company or its designee all telephone numbers, white and yellow page telephone references and advertisements, and all trade and similar name registrations and business licenses, domain names, websites, email addresses, and any other print and…

Franchise agreement

Operator agrees to comply with the then current Payment Card Industry Data Security Standards (“PCI Standards”) as those standards may be revised and modified by the PCI Security Standards Council, LLC

Item 6

You must participate in the customer feedback program that Perkins designates.

Item 11

Periodically evaluate your Franchise and the products and services you offer (Franchise Agreement Section 4(b)(iv)).

Item 14

Perkins may revise the contents of the Manuals, and you must comply with each new or changed standard.

Item 11

Until we have given our written acceptance, a site will not be “accepted.”

Item 11

you must spend an amount that we designate in your Franchise Agreement, ranging from $5,000 (in the case of a transfer) to $15,000 on local promotion and a grand opening event for your unit’s initial opening (the “Grand Opening Program”), according to Perkins’ specifications.

Franchise agreement

Operator shall spend on a quarterly basis (or such other time period as Company may reasonably specify) at least one percent (1.0%) of the Net Sales on local advertising and promotional activities (the “Local Advertising Requirement”), except during any periods that Company requires Operator contribute these monies…

Item 8

You must purchase or lease all fixtures, furnishings, signs, equipment, décor, computer systems inventory, uniforms, advertising materials, operational and support services and other supplies, products and materials required for the operation of your Franchise.

Item 8

As described above, you must purchase or lease fixtures, furnishings and equipment for your Perkins Restaurant that meet Perkins’ specifications from approved suppliers.

Franchise agreement

Operator agrees to maintain, at all times, credit-card relationships with the credit- and debit-card issuers or sponsors, check or credit verification services, financial-center services, merchant service providers, and electronic-fund-transfer systems (together, “Credit Card Vendors”) that Company may periodically…

Franchise agreement

Company requires Operator to establish an arrangement for electronic funds transfer or deposit of any payments required hereunder

Item 11

You must participate in a designated gift card program under which you will be charged by a third party for the cards and a cost per transaction, which cannot be reasonably estimated because the rate depends on the volume of transactions.

Franchise agreement

Prior to opening the Franchised Business to the public, three (3) designated managers (one of which may be Operator if Operator is an individual) shall have been certified by Company as meeting Company’s qualifications for management of the Unit.

Franchise agreement

To cause its employees to wear apparel which conforms strictly to the specifications, design, color and style approved by Company from time to time.

Item 11

You must purchase the POS System and other portions of the Computer System from a third party approved by Perkins

Franchise agreement

Operator shall also bear the cost of any additional training which may be required by Company, which may include, without limitation, tuition or other fees for such training.

Franchise agreement

Operator, an Owner or an individual designated by Operator and approved by Company must, at Operator’s expense attend any Conference Company may specify as mandatory.