Main points of the agreement

Main Points Of The Agreement

These are the basic features of how the franchise works:

  • The franchisee is given a specific exclusive territory – defined by maps.
  • The franchisee is given a defined term.
  • The franchisee receives machines from the outgoing franchisee.
  • The franchisee must then operate the business according to this manual and training given.
  • The franchisee must purchase all stock, machines, and spare parts exclusively from the Franchisor.
  • The franchisee must pay a franchise royalty to the franchisor of 5%.
  • The franchisee must then take responsibility for keeping machines on locations and finding new locations.

As franchisor, we must:

  • Ensure we keep supplies of supported machine parts, machines, and attractive and commercially competitive prize stock on hand for franchisees to order.
  • Provide technical support to help franchises keep their supported machines working.
  • Provide general and ongoing business support to assist the franchisee to succeed.
  • Ensure that other franchisees do not operate in your area.