Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
We or our affiliates are currently the only approved supplier for: • Profile Start-up Kit, which is currently purchased from our affiliate, Profile Products, or its designee(s); • Certain site selection services and site development services; • All customer coaching and plans, including customized “Profile® Plans”; •…
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We may modify our standards and specifications at our discretion, to comply with changes in technology, laws and markets, and for any other reason that we deem appropriate.
How much revenue did the franchisor and its affiliates earn from franchisee purchases in the last fiscal year?
0Item 8
Based on our audited financial statements, during our last fiscal year (ended December 31,2020), we derived $0 of consideration resulting from purchases or leases of products and services by our franchisees.
Does the franchisor or an affiliate receive rebates, commissions or other revenue from designated or approved suppliers?
YesItem 8
Our suppliers may make payments to us or to our affiliates based on purchases by our franchisees.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
70Item 8
approximately 70-90% of your purchases and leases in operating the Franchised Business.
Does the franchisor charge a fee to evaluate a proposed supplier?
YesItem 8
If you want to purchase any product of an unapproved brand, you must notify us, and must pay us a supplier review and testing fee equal to our direct and indirect costs, but at least $2,000.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
You may not purchase from alternative suppliers until the suppliers are approved by us.