Examples of Franchised Store in a sentence
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.
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 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.
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.
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.
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 must select the site for the Franchised Store within the area designated in the applicable Agreement.
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.
The so-called “SSS of Franchises – Sell In” refers to comparison of Arezzo&Co’s sales with those of each Franchised Store in operation for more than 12 months, serving as a more accurate indicator for monitoring the Group’s revenue.