Sentences with phrase «many franchise agreements»

Such issues as intellectual property, franchise agreements and service contracts require special knowledge and skills, says Leach.

They are typically available at Wal - Mart or other retailers,» Hiltz wrote, noting that restaurants will not be penalized for not buying them from head office as their franchise agreements require.

I signed my franchise agreement in June and my doors have already been opened for one month.

We signed our franchise agreement in early 2014 and opened our studio within seven months.

Nonetheless, SBA officials will examine a franchisee's franchise agreement closely before extending any loan guarantees to him or her.

It sounded counterintuitive, he said, but the big national chains, ever fearful of bad publicity, include harsh penalties in their franchise agreements for failing health inspections.

Under the New Standard, we defer initial and renewal franchise fees and recognize this revenue over the term of the related franchise agreement.

Adjusted Net Income is defined as net income excluding (i) franchise agreement amortization, which is a non-cash expense arising as a result of acquisition accounting that may hinder the comparability of our operating results to our industry peers, (ii) amortization of deferred financing costs and debt issuance discount, a non-cash component of interest expense, and (gains) losses on early extinguishment of debt, which are non-cash charges that vary by the timing, terms and size of debt financing transactions, (iii)(income) loss from equity method investments, net of cash distributions received from equity method investments, (iv) other operating expenses (income), net, and (v) other specifically identified costs associated with non-recurring projects.

«The allegations in the lawsuits filed for wages and hours is that the franchisees were squeezed so much by their franchise agreements, that they had little wiggle room and little autonomy» to fix the problems, says Cathy Ruckelshaus, general counsel for NELP.

Along with new openings and signed franchise agreements in a variety of markets, CMIT Solutions remained at the forefront of the media's attention in 2016 as we continue to act as an expert source on the most pressing technology issues of the day for businesses and consumers.

The franchise agreement lasts for 10 years, with the option of a $ 10,000 renewal fee for another 10 years.

The Connecticut Automotive Retailers Association says carmakers could get around existing franchise agreements by creating subsidiaries that would sell directly to car buyers.

House Bill 6682, introduced by the legislature's transportation committee, would allow a manufacturer to sell cars directly to customers — but only the cars it makes, and only if it doesn't already have a franchise agreement with a locally owned dealer.

A New York Supreme Court judge struck down the lawsuit in 2013, saying the auto dealers didn't have standing because they had no franchise agreements with Tesla.

In this video, our VP of Franchising highlights the franchise agreement and the option for renewal as stated in the NTY Franchise FDD:

In Connecticut, Ford, Honda and any other carmaker can sell automobiles only through locally owned dealers who have franchise agreements with those brands.

The typical length of time between signing your Franchise Agreement and the opening of your store varies from 6 to 12 months.

A franchisor needs to hire attorneys to help draw up a franchise disclosure document and a franchise agreement, both required by the Federal Trade Commission.

«It uses its forum selection clause in its franchise agreements to force all litigation in its favoured court, the federal court located in Miami.

Before you sign a franchise agreement, reach out to a franchise business broker and see what is available, and compare prices.

When buying a franchise business, it is important to get a lawyer who has experience with the ins and outs of franchise agreements.

«What this bill does is ensure that small business know what they are buying when they enter into a franchise agreement.»

If you are signing the Franchise Agreement as part of a franchise renewal or transfer and we determine that your Anytime Fitness center requires renovation or re-equipment, then you must pay us $ 250 for your Compliance Drawing, but we will credit $ 250 against your Monthly Fee if you complete all renovation and reequipment requirements by the required due date.

Further, you will need to purchase and maintain in effect at all times during the term of the Franchise Agreement a policy or policies of insurance, naming us and our affiliates as additional insureds on the face of each policy.

Companies usually operate under franchise agreements that designate them as the sole water supplier for a given area.

Once your franchise agreement is signed, the typical time needed to get a franchise open is approximately 60 days.

Most franchise agreements include provisions that only the written terms of the agreement will be binding.

HANOVER, Md. (June 29, 2015)-- The Greene Turtle announced today that a group of investors more than 30 combined years of corporate management experience and ties to multiple global and regional quick - service and fast - casual restaurant franchises has signed a franchise agreement for the development of 10 units in Montgomery, Bucks, Lehigh and Northampton Counties, the areas surrounding Philadelphia.

BIGGBY COFFEE this year opened 24 new franchisee - owned stores, with between 40 to 45 new locations anticipated in 2014 as a result of the newly completed franchise agreements.

Walk - On's Enterprises co-founder Brandon Landry announced today that the company has executed a franchise agreement with Robert and Joyce Chu, a husband - wife team with extensive restaurant backgrounds.

For the franchisor, review the franchisee's balance sheet to assess how much the personal guarantee is worth in the event the franchisee defaults under the franchise agreement.

Every time a lease is due for renewal or a franchise agreement is set to expire, it's always a great time to look at your portfolio and see if it makes sense to keep it, close it or remodel it.

But while focusing on getting the business up and running, many give little thought to the backbone of the successful partnership: the franchise agreement.

«We signed a 20 - year franchise agreement, so we are basically married to Jack in the Box and feel very blessed to be,» says Urbina, co-founder and vice president of operations.

The transaction included an additional franchise agreement for a future location in Indiana.

If they want it bad enough and truly want to be a franchisee, they will continue to seek us out and make sure a franchise agreement is signed.»

Does the franchise agreement require a personal guarantee from the franchisee's principal?

In fiscal 2017, the chain signed 36 new franchise agreements to open new locations across the country, and entered new markets across 14 states.

Huddle House said a third of those 36 new franchise agreements were signed by current franchise partners.

Under the Caltex franchise agreement, if a franchisee is terminated due to a breach of the franchise agreement (which can occur for wage underpayment as well as other reasons) the value of the business is returned to Caltex with the franchisee receiving only the value of any stock or other owned assets.

According to Caltex, at February 23, 2018, of the 292 sites that have been audited, 193 sites have had their franchise agreements terminated and 29 sites are in progress to resolve disputes.

With over 10 years of business ownership and management experience, as well as a solid understanding of the need for excellent customer service and a desire to bring quality hamburgers to Clark County, Boehrer signed a franchise agreement with Wayback Burgers to become a multi-unit operator.

Yet, this bustling town within Prince William County will soon have even more to offer the local community and visitors, as Wayback Burgers proudly announces the recent purchase of a new franchise agreement for this area.

Wayback Burgers has over 427 committed franchise agreements and currently operates in 28 states with over 136 locations nationally and internationally in Argentina, Brunei and Saudi Arabia.

In March 2016, the Master Franchise Agreement and Site Franchise Agreements between Hard Rock International's franchisor Hard Rock Limited, Grupo ECE Mexico, S.A. de C.V. and its subsidiaries, including Operadora DB México, S.A. de C.V. was formally ended.

(Cheshire, CT — February 5, 2018)-- Wayback Burgers, America's favorite hometown burger joint and one of the nation's fastest growing burger franchises, has announced a new master franchise agreement that paves the way for expansion into the Netherlands and Northwestern Europe.

Through its executed master franchise agreements, Wayback Burgers plans to open in 37 provinces / countries in the Middle East, Northern Africa, South Africa, Argentina, Pakistan, Bangladesh; Alberta, Ontario, Manitoba and Saskatchewan, Canada; and the Netherlands, with pending letters of intent sent out to Ireland, Western Germany and the UK.

While no specific location has been set yet for the newly signed Atlanta franchise agreement, Hashem looks to the thriving downtown area as a viable option to set up shop and plans to open late in the summer, by August 2017.

Wayback Burgers Announces New Master Franchise Agreement, Expands Reach to the Netherlands Area Businessmen Leading America's Favorite Hometown Burger Joint into Northwestern Europe

For Immediate Release: Media Contacts: Graham Chapman 919-459-8157 [email protected] Jason Murawski 203-649-3402 [email protected] Wayback Burgers Announces New Master Franchise Agreement, Expands Reach to the Netherlands Area Businessmen Leading America's Favorite Hometown Burger Joint into Northwestern Europe (Cheshire, CT — February 5, 2018)-- Wayback Burgers, America's favorite hometown burger joint and one of the nation's -LSB-...]