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The Franchisee agrees to pay a non-refundable franchise fee upon signing this Agreement. This fee grants the Franchisee the right to operate a franchise under the Franchisor’s brand.
The Franchisee acknowledges that the total initial investment required to open the franchise may range. This includes but is not limited to the franchise fee, equipment, inventory, and marketing costs.
The Franchisee agrees to enter into a separate Franchise Agreement, which outlines the specific rights and obligations of both parties. This Agreement will detail the terms of operation, support, and ongoing fees.
The Franchisee agrees to operate the franchise in compliance with all applicable laws and regulations and according to the Franchisor’s operational standards.
The Franchisee must maintain the quality and integrity of the Franchisor’s brand. Any deviation from established brand standards may result in termination of the franchise agreement.
Either party may terminate this Agreement under conditions specified in the Franchise Agreement. The Franchisee must cease all use of the Franchisor’s brand and return any proprietary materials upon termination.
Upon termination, the Franchisee will forfeit any unearned fees and must settle all outstanding accounts with the Franchisor.
The Franchisee agrees to maintain the confidentiality of any proprietary information received from the Franchisor, including trade secrets, business strategies, and operational procedures.
The Franchisee agrees to indemnify and hold harmless the Franchisor from any claims, damages, or liabilities arising from the Franchisee’s operation of the franchise.
The Franchisor reserves the right to amend these Terms and Conditions at any time. Any changes will be communicated to the Franchisee in writing.