Snooze Mattress Co.

Item 11

We reserve the right to have independent access to all information that you store in any POS system, computer, laptop, tablet, camera surveillance system or software related to the Business (Franchise Agreement, Sections XII.I, XIV.A, XX.A and XX.H).

Item 8

Our affiliate, SSL, replaced DDL as the only approved vendor and supplier for all mattresses, pillows, pads, sheets, proprietary and privately labeled products to be purchased by you.

Item 8

For the last fiscal year 2024 we received $84,366.16 in allowances, rebates, and commissions from vendors for required purchases representing 5.68% of our total gross revenue.

Item 8

It is anticipated that during the operation of your Franchised Business, required purchases from us, our affiliates, or the vendors that we specify or approve (not including labor costs) are estimated to be approximately 80%-90% of your total monthly purchases in the continuing operation of your Store

Item 8

There is a product, vendor, and equipment assessment fee for supplier approval, and we may require third party testing, in which case you will pay the actual cost of the tests as described in Item 6.

Item 8

Our response to a request to approve any furnishing or fixture, piece of equipment, product, vendor and/or supplier will be made within 30 days after we receive it.

Franchise agreement

Franchisee Shall Cancel Assumed Names and Transfer Phone Numbers

Item 11

We have the right to add to, and otherwise modify, the Operations Manual to reflect changes in authorized furnishings, fixtures, equipment, products, supplies and services, as well as changes in specifications, standards, and operating procedures of a Snooze® Mattress Co. business.

Item 11

You may not sign a lease for the site (or contract to purchase the premises, if applicable) in which you wish to operate your Business until you have obtained our written approval.

Item 11

Unless we approve otherwise in writing, you may not establish a separate Website and will only have one web page, as we designate and approve, within our Website.

Item 11

You must also spend at least $10,000 on your "Grand Opening" promotion in the month preceding the Grand Opening Event, and an additional $10,000 in the month of your Grand Opening Event;

Item 11

You must spend at least $6,000 per quarter on local advertising and promotion, in addition to the 1% System Advertising Fee contribution you pay to us.

Item 8

In addition, you must participate in and cooperate with any gift certificate, gift card, rewards program, loyalty program, or promotional programs we have or may establish and follow our requirements and guidelines.

Item 8

You are not permitted to: use or purchase furnishings, fixtures, equipment, products or supplies from an unapproved vendor and/or supplier;

Item 8

and we may require you to use or contribute to specific POS and software support service providers, security alarm providers, music service providers, merchant service providers, third-party financing providers, vendor discounts, allowances, and rebates.

Item 16

You must participate in any gift certificate, gift card, loyalty, and rewards programs we establish.

Item 15

You are required to retain a Store Manager for the operation and management of your Store.

Item 7

You must purchase and maintain an inventory of approved uniforms for the operation of your Business.

Item 11

We reserve the right to have independent access to all information that you store in any POS system, computer, laptop, tablet, camera surveillance system or software related to the Business

Item 8

The software items you are required to purchase for the operation of your Business include: a , specific third-party customer relationship management software program, and specific third-party door count software program.

Item 11

Anyone attending additional or refresher training programs (training other than by telephone, webinars, or video training) will be subject to an additional training fee and all costs associated with attending the training program such as travel, room, and board (as described in paragraph 14 (iii) above).