Power Trucks USA Franchising

Franchise agreement

At all times, Franchisee shall exclusively use the Business Management Systems designated by Franchisor, in Franchisor’s Reasonable Business Judgment, and as may be modified, supplemented or replaced by Franchisor from time to time.

Item 11

We will have independent access to all of the information and data that is electronically transmitted on your point of sale system and will have access to all data related to the financial performance of your Store.

Franchise agreement

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

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

During the fiscal year ending December 31, 2022, we did not earn any revenue from approved suppliers based on our franchisees’ purchases.

Item 8

approximately 40% of the on-going operating expenses of the Franchised Business.

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

the methods for monitoring customer satisfaction and, the methods for marketing and promoting the Franchised Business must conform to Franchisor’s System standards and specifications as determined by Franchisor, in Franchisor’s Reasonable Business Judgment, and, as designated by Franchisor in the Operations Manual…

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 Franchisee’s Store.

Item 11

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

Item 11

Although you are responsible for selecting a site for your Store Location you must obtain our approval of your Store 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 and not more than 60 days after opening the Franchised Business, Franchisee shall spend not less than $1,000 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 calendar year quarterly basis, you must spend not less than $500 per month on the local marketing of your Store.

Franchise agreement

customer service and satisfaction standards including, customer rewards programs, refund policies, gift card policies, special promotions and other customer incentive and goodwill programs

Item 11

If we elect to form a local or regional cooperative or if a cooperative already exists as to the area of your Store, you will be required to participate in the cooperative in accordance with the provisions of our Operations Manual which we may supplement and modify from time to time.

Item 8

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

Item 8

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

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 Tuesday 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…

Item 8

You must use our designated supplier and vendor for the ability to access and use online, point of sale integrated, web based, and/or app based, ordering, customer rewards, and/or gift card systems.

Item 15

At all times, your Store 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 11

You must purchase, license, and use the computer, point of sale, business management, and ordering systems that we designate.

Item 11

We will have independent access to all of the information and data that is electronically transmitted on your point of sale system and will have access to all data related to the financial performance of your Store.

Franchise agreement

“Business Management System” refers to and 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…

Franchise agreement

Franchisee or, if Franchisee is a Corporate Entity, Franchisee’s Managing Owner and Manager, at Franchisee’s sole cost and expense, must attend and successfully complete all refresher training courses or system-wide training courses, additional training programs and seminars as Franchisor periodically may designate…

Item 6

If we offer a franchisee annual conference in a given year you will be required to attend the conference on the dates and at the location that we designate.