Wise Coatings

Item 11

You must also use the point-of-sale and business management and accounting software we designate, or provide to you, at our election.

Franchise agreement

Franchisor shall, at all times, have full access to all of Franchisee’s computer, software, data and systems, and all related information by means of direct access, either in person or by telephone, modem or Internet to permit Franchisor to verify Franchisee’s compliance with its obligations under this Agreement.

Franchise agreement

Franchisee shall supply to Franchisor on or before the fifteenth day of each month, in a form approved by Franchisor, a balance sheet as of the end of the last day of the preceding month and an income statement for the preceding month and the fiscal year-to-date.

Franchise agreement

If required by Franchisor, any such items or services shall be purchased only from “Approved Suppliers” that Franchisor designates or approves (which might include, or be limited to, Franchisor or an Affiliate).

Franchise agreement

Franchisor may change the software or technology that Franchisee must use at any time, and pass through costs to the Franchisee plus a reasonable administrative fee for use of the software and technology.

Item 8

As of the end of our most recent fiscal year, December 31, 2024, our affiliate PolyWise reported to us that they derived $1,795,661.46 in gross revenue as a result of franchisee required purchases and leases.

Franchise agreement

Franchisee acknowledges and agrees that Franchisor and/or its affiliate may derive compensation or other benefits based on Franchisee’s purchases or leases from designated or approved suppliers, and that Franchisor has the right to retain such compensation or benefits in consideration of the valuable services…

Item 8

We estimate that required purchases and leases described above will range from 15% to 35% of the cost to establish the Franchised Business, and 15% to 25% of your operating costs.

Item 8

You pay us the costs we expend in our evaluation of new suppliers you wish to purchase from or products you wish to purchase.

Franchise agreement

If Franchisee desires to utilize any products, services or new technology that Franchisor has not approved (for products and services that require supplier approval), Franchisee shall first send Franchisor sufficient information, specifications and samples for Franchisor to determine whether the service or product…

Item 17

assign your email addresses, any websites, and telephone to us

Franchise agreement

A representative of our may make visits to your Franchised Business, including visiting your jobsite(s), to ensure compliance with all required standards, specifications and procedures.

Franchise agreement

Franchisor has the right to add to or otherwise modify the Confidential Operations Manual from time to time to reflect changes in the specifications, standards, operating procedures and rules prescribed by Franchisor.

Item 11

You must operate the Franchised Business from an approved location within your Territory, whether home based or leased, except where we have given written consent for a location outside your Territory.

Item 11

You may not create websites, social media accounts, e-mail marketing software accounts or other comparable accounts outside of those which we license to you.

Item 11

You are required to spend a minimum of $10,000 in Grand Opening Advertising as we may determine in our sole discretion and in a manner that we require.

Item 11

You are required to spend, on the operation of your Franchised Business, a minimum of $4,500 per month on local advertising.

Franchise agreement

You shall participate in and offer to your customers: (a) all customer loyalty and reward programs;

Item 11

You must participate in any cooperative advertising program established in your region.

Item 8

You must purchase from our designated suppliers certain tools, equipment, and non-proprietary coatings product and other goods as we designate;

Item 8

You must purchase from our designated suppliers certain tools, equipment, and non-proprietary coatings product and other goods as we designate;

Franchise agreement

Franchisee shall, at its expense, lease or purchase the necessary equipment and/or software and shall have arrangements in place with Visa, MasterCard, American Express and such other credit card or other payment systems now existing or established in the future, issuers as Franchisor may designate, from time to…

Franchise agreement

Franchisor currently requires all Royalty Fees, Marketing Fees, amounts due for purchases by Franchisee from Franchisor, and other amounts due to Franchisor to be paid through an Electronic Depository Transfer Authorization (see Attachment 5).

Item 8

You must implement any referral, rewards system, or gift card program that we institute, and utilize our designated supplier for administration of such programs.

Franchise agreement

Franchisee shall maintain a competent, conscientious, and trained staff (who shall have been adequately trained by Franchisee or in accordance with Franchisor’s standards) in numbers sufficient to service customers promptly and professionally, including at least a manager or shift leader on duty at all times at which…

Franchise agreement

Franchisee shall abide by all uniform and dress code requirements stated in the Confidential Operations Manual or otherwise.

Item 11

You must also use the point-of-sale and business management and accounting software we designate, or provide to you, at our election.

Item 11

We have the right to independently access and use all information you collect or compile in connection with the operation of the business, or contained in the required software at any time without first notifying you and there are no contractual limitations on our right to do so.

Item 11

All sales must be processed through the approved CRM systems and reported as gross revenue and no other supplemental or secondary CRM system may be used.

Item 11

We may charge a fee for this additional training.

Item 11

We hold periodic national or regional conferences and attendance at these conferences is mandatory.