Turquoise Franchise

Franchise agreement

Franchisee shall use such customer data management, sales data management, administrative, bookkeeping, accounting, and inventory control procedures and systems as Turquoise Franchise may specify in the Manual or otherwise in writing.

Item 11

You must give us independent access to the information that will be generated or stored in these systems.

Franchise agreement

Franchisee shall provide such periodic financial reports as Turquoise Franchise may require in the Manual or otherwise in writing, including: (i) a monthly profit and loss statement and balance sheet for the Business within 30 days after the end of each calendar month; (ii) an annual financial statement (including…

Item 8

We have the right to require you to purchase any items or services necessary to operate your location from a supplier that we approve or designate (“Approved Supplier & Vendors”), which may include us or our affiliate(s).

Franchise agreement

Turquoise Franchise may change any such requirement or change the status of any vendor.

Item 8

Our revenue from all required purchases and leases of products and services by franchisees in the prior fiscal year was $0.

Franchise agreement

Turquoise Franchise may receive rebates, payments or other consideration from vendors in connection with purchases by franchisees.

Item 8

We estimate that the required purchases and leases of goods and services to operate your business are 50% to 80% of your total purchases and leases of goods and services to operate your business.

Item 8

If you want to use a supplier that is not on our list of approved suppliers, you must request our approval in writing.

Franchise agreement

Franchisee must at all times comply with payment card industry data security standards (PCI-DSS).

Franchise agreement

Franchisee shall participate at its own expense in programs required from time to time by Turquoise Franchise for obtaining customer evaluations, reviewing Franchisee’s compliance with the System, and/or managing customer complaints, which may include (but are not limited to) a customer feedback system, customer…

Franchise agreement

Turquoise Franchise may enter the premises of the Business from time to time during normal business hours and conduct an inspection.

Franchise agreement

Turquoise Franchise may supplement, revise, or modify the Manual, and Turquoise Franchise may change, add or delete System Standards at any time in its discretion.

Item 11

Your site is subject to our approval.

Franchise agreement

Franchisee shall not conduct any marketing, advertising, or public relations activities (including in-store marketing materials, websites, online advertising, social media marketing or presence, and sponsorships) that have not been approved by Turquoise Franchise.

Item 11

Participation in the Opening Support Program is mandatory, and we may require you to spend certain amounts on services or content that is supplied by one (1) or more of our Approved Supplier(s).

Item 11

After you open, you must spend at least 3% of gross sales each month on marketing your business.

Franchise agreement

Franchisee shall sell or otherwise issue gift cards, certificates, or other pre-paid systems, and participate in any customer loyalty programs, membership/subscription programs, or customer incentive programs, designated by Turquoise Franchise, in the manner specified by Turquoise Franchise in the Manual or otherwise…

Franchise agreement

If a Market Cooperative for the geographic area encompassing the Location has been established at the time Franchisee commences operations hereunder, Franchisee shall immediately become a member of such Market Cooperative.

Item 8

We have the right to require you to purchase any items or services necessary to operate your location from a supplier that we approve or designate (“Approved Supplier & Vendors”), which may include us or our affiliate(s).

Item 8

We have the right to require you to purchase any items or services necessary to operate your location from a supplier that we approve or designate (“Approved Supplier & Vendors”), which may include us or our affiliate(s).

Franchise agreement

Franchisee shall accept payment from customers in any form or manner designated by Turquoise Franchise (which may include, for example, cash, specific credit and/or debit cards, gift cards, electronic fund transfer systems, and mobile payment systems).

Item 6

We currently require you to pay royalty fees and other amounts due to us by pre- authorized bank draft.

Franchise agreement

At its own expense, Franchisee shall sell or otherwise issue gift cards, certificates, or other pre-paid systems, and participate in any customer loyalty programs, membership/subscription programs, or customer incentive programs, designated by Turquoise Franchise, in the manner specified by Turquoise Franchise in the…

Item 15

Your location/franchise business must, at all times, be managed by and staffed with at least one (1) individual who has successfully completed the Owner/Operator Module of our Initial Training Program.

Franchise agreement

to comply with any dress attire, uniform, personal appearance and hygiene standards set forth in the Manual.

Item 8

You must purchase (or lease) the point-of-sale software and hardware, and related software and hardware, that we specify.

Franchise agreement

Franchisee shall give Turquoise Franchise unlimited access to Franchisee’s point of sale system and other software systems used in the Business, by any means designated by Turquoise Franchise.

Franchise agreement

Franchisee shall acquire and use all software and related systems required by Turquoise Franchise.

Item 11

If you need to send a new general manager to our training program, we will charge a fee, which is currently $500 per day.

Franchise agreement

The Principal Executive shall use reasonable efforts to attend all in-person meetings and remote meetings (such as telephone conference calls) that Turquoise Franchise requires, including any national or regional brand conventions.