Sub-Ology Franchising

Franchise agreement

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.

Franchise agreement

At all times, Franchisee shall provide and permit Franchisor to maintain direct and independent access to the Business Management System and Franchisee shall electronically transfer and transmit to Franchisor all Business Management System Data;

Franchise agreement

(2) Monthly Financial Statements and Reports – 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 including, but not limited to, income statement, statement of cash flows, balance…

Item 8

We will notify you of any changes to our specifications or list of approved or designated suppliers.

Item 8

During the fiscal year ended in December 31, 2023, we did not earn any revenue from approved suppliers based on our franchisees’ purchases.

Item 8

approximately 80% of your total purchases and leases in establishing the Franchised Business and approximately 60% 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

Franchisor has the right at any and all times during business hours, throughout the terms of this Agree and without prior notice to Franchisee, to inspect Franchisee’s Restaurant.

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 Restaurant Location you must obtain our approval of your Restaurant 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, Franchisee shall spend not less than $3,000 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 and monthly basis, you must spend not less than 1% of your monthly Gross Sales or $500 per month, whichever is greater, on the local marketing of your Restaurant.

Item 11

If we elect to form a local or regional cooperative or if a cooperative already exists as to the area of your Restaurant, 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 must purchase the System Supplies, as designated by us, from us, our affiliates, and/or our designated suppliers.

Item 8

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

Item 8

Credit Card Processing – You must use our designated supplier and vendor for credit card processing which may be integrated with the point of sale system that we designate.

Item 6

Payment is subject to our specification and instruction, including, our election to have all fees automatically drafted from your business bank account or automatically debited or charged to your business bank account.

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 Restaurant must be managed and supervised on-site by either a Managing Owner or Operating Manager.

Item 11

For the protection of the System, 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 8

Currently you are required to purchase, license and utilize a Lightspeed S Series point of sale system with one configured hardware terminal.

Franchise agreement

At all times, Franchisee shall provide and permit Franchisor to maintain direct and independent access to the Business Management System and Franchisee shall electronically transfer and transmit to Franchisor all Business Management System Data;

Franchise agreement

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.

Franchise agreement

Franchisor reserves the right to assess Franchisee reasonable charges for such training.