Wetzel's Pretzels Unit

Item 11

Through the POS system, we will have online access to your sales data on which a variety of sales reports may be based and upon which your royalty and advertising fund contributions will be calculated.

Franchise agreement

You will prepare and submit to us financial statements and weekly sales reports in the format, using the chart of accounts, and at the times specified in the Manual as periodically revised.

Item 8

We are an approved supplier, but not the sole approved supplier, of required toppings and condiments.

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There are no restrictions on our right to change the POS system or any component thereof and no limit on the cost of a new or upgrade to the POS system or component thereof.

Item 8

In our fiscal year ending November 30, 2022, according to our unaudited financials our revenue from purchases by franchisees from approved or designated suppliers or according to specifications was $5,140,702, or 9.795% of our total revenues of $52,481,449.

Item 8

We may receive payments, discounts, or other advantages from approved suppliers based on the suppliers’ sales to our franchisees.

Item 8

We estimate that your payments for purchases from us, from designated or approved suppliers or which must conform to our specifications will represent about 50% of your start-up costs and 95% of your ongoing costs.

Item 6

See note 4 Supplier Fee You must reimburse us As incurred for our costs and expenses in inspecting a proposed supplier.

Item 8

Instead, you may buy from another approved supplier or may obtain approval of another supplier whose products meet our specifications.

Franchise agreement

(d) You must promptly sign any documents and take any steps that in our judgment are necessary to delete your listings from classified telephone 36 WP STORE # directories, disconnect or, at our option, assign to us any telephone numbers that have been used in connection with the Franchised Business, and terminate all…

Franchise agreement

We will conduct periodic quality assurance inspections of the Bakery during normal business hours.

Franchise agreement

We may make changes to these standards and specifications, when, in our reasonable discretion, change is needed for the continued success and development of the Franchise Network.

Item 11

You must select the site for the TWISTED BY WETZEL’STM Bakery subject to our consent within the development territory we assign to you.

Item 11

If you operate a Street-Front Bakery, a Bakery co-branded into another brand restaurant or store of one of our affiliates, or any other Bakery location for which the required Grand Opening Advertising fee is $5,000, you must spend at least five thousand dollars ($5,000) on a grand opening advertising program.

Item 11

system. You will also participate in our l oyalty program, for which you must acquire a scanner for each POS Register, currently $400 to $500 each.

Item 8

For your Franchised Business, you may purchase proprietary food items, of which a growing number are being developed, from our designated supplier only.

Item 8

You must buy one or two electronic cash registers from our designated supplier.

Item 8

Additionally, you must utilize our approved third party payment card processor, as identified in the Manual, for processing all such debit, credit, rewards, and Gift/Loyalty card transactions.

Item 6

All may be debited from your bank account under the Authorization Agreement for Prearranged Payment attached to the franchise agreement.

Franchise agreement

You shall sell, or otherwise issue, as we may designate, stored-value, loyalty and gift cards, certificates, and other non-cash payment methods (collectively “Gift Cards”) that we designate and only in the manner specified in the Manual.

Item 15

The Designated Manager or another employee who has successfully completed our initial training program must be present at the Franchised Business whenever the Franchised Business is open for business.

Item 8

At present, we are the sole approved supplier of hats, shirts, uniforms, cups, paper goods, and other items bearing the Marks.

Item 11

You must buy electronic cash registers with touch screen technology (“POS Register”) from our designated supplier (usually one or two), plus an electronic receipt printer and modem that meet our specifications.

Item 11

Through the POS system, we will have online access to your sales data on which a variety of sales reports may be based and upon which your royalty and advertising fund contributions will be calculated.

Item 11

Additional training may be administered later at your Franchised Business.

Item 11

Your attendance at the Bi-Annual Convention is important and mandatory.