Examples of Franchised Store in a sentence
We also grant to qualified parties multiple franchise agreements to develop and operate more than one Franchised Store within a geographic area ("Designated Territory") consistent with the terms of a Multiple Franchise Purchase Addendum to each of the franchise agreements ("Multiple Franchise Purchase Addendum").
You must submit to us all rebates received from suppliers and distributors of any merchandise, products and/or suppliers for use in or sale from the Franchised Store.
The range of figures set forth for a Franchised Store is the cost of reasonable renovation or leasehold improvements, and may be less if the lessor provides a construction allowance to lessee.
However, for your first Franchised Store, certain equipment must be purchased new, and may not have been previously used or reconditioned.
The Franchised Store is not subject to any industry-specific laws and regulations beyond those affecting restaurant businesses generally.
You will pay to us a weekly Continuing Licensing Fees equal to the greater of the Minimum Continuing Licensing Fee or 5% of the Gross Receipts derived from the Franchised Store.
If you are a first time purchaser and not a transferee, we, at our expense, will provide you with a representative who will spend a minimum of 7 days but no more than 11 days at your Franchised Store during the initial month of operation.
All Menu Items and other food and beverage products and materials, containers, packaging materials, other paper and plastic products, menus, uniforms, forms, cleaning and sanitation materials, and other materials and services used in the operation of the Franchised Store will conform to the specifications and quality standards established by us periodically in the Operations Manual.
We will use these fees exclusively for development and production of advertising within and around your Franchise Premises and for the primary benefit of you for a period that may be as short as 21 days and as long as approximately 60 days after you open your Franchised Store.
We provide assistance to franchise owners in opening their first Franchised Store as efficiently as possible.