We strongly recommend that you undertake these investigations in the operation of your Franchised Business to the extent that you are lawfully permitted. You must return to us or at our option destroy all software, Manuals, forms, materials, signage and any other items containing any Intellectual Property or Marks, or otherwise identifying or relating to a Pinkberry Store to the extent they have not been assigned in connection with an authorized Transfer ; C. During and for a period of twelve months after my employment, I will not solicit or induce any employee or consultant of the Company to quit their employment or cease doing business with the Company, unless I am specifically authorized to do so by the Company. The primary markets for these products and services consist of health conscious individuals, and families. Pinkberry Production Company will also produce paper goods and other products for use by the franchise system. Without in any way limiting or otherwise affecting your and our obligations under Section This Offering Circular contains a summary of various provisions of our program and the Franchise Agreement and other documents.
All written notices and reports to be delivered by the provisions of this Agreement or of the Manuals will be deemed so delivered when delivered by hand, immediately on transmission by facsimile transmission or other electronic system, including email or any similar means, one business day after being placed in the hands of a commercial courier service for overnight delivery, or 3 business days after placement in the United States Mail by Registered or Certified Mail, Return Receipt Requested, postage prepaid and addressed to us at Pinkberry, Inc. We cannot and do not guarantee your success. Your rights in the Territory are exactly and only as expressly set forth in this Section 2. We can, in our Business Judgment, do any of the following: To simplify this Agreement and make it easier to read and understand, we have defined certain terms used in this Agreement in Article
You’ll be responsible for all travel, living, incidental and other expenses for you and your personnel attending the Training Program and any other voluntary or pinkbsrry training programs, seminars or meetings.
Pinkberry Franchise Cost & Opportunities | Franchise Help
I have read Sec. You will operate your Pinkberry Store in full compliance with all applicable laws, ordinances and regulations. You may be required to pay an internet fee pursuant to section I understand and agree that the products of my labor as a Company employee shall belong solely to the Company. Before signing any binding documents or making any investment, you should make your own independent investigation regarding the possible purchase of a Pinkberry Store Franchise.
Pinkberry: Franchise Agreement
Any party may change its address for receipt of notices by providing prior written notice of such change to the other party. If the applicable cure period set forth in the lease or sublease is less than 30 days, then that applicable cure period will apply. Except as expressly provided in this Agreement, no party will be prohibited from exercising any rights or remedies provided under this Agreement or permitted under law or equity.
Therefore, you and we also agree that, except with respect to the applicability of the Federal Arbitration Act, 9 U. The proven Healthy YOU model requires no employees and allows you to monitor your machines from home or from mobile devices.
We have awarded the Franchise relying on the individual integrity, ability, experience and financial resources of you or such owners. If the Franchisee is or becomes a corporation, LLC, partnership or other business entity, the chief executive officer, chief operating officer or plab financial officer of such entity must always meet all of our then-current training and other standards; and. We will notify you of our decision within a reasonable time.
If you fail on 2 or more occasions to pay any such amounts to us when due, then we can require you to maintain a deposit with us in an amount reasonably determined by us based upon usage history and other relevant factors.
To simplify the language in this Offering Circular, “we,” “us” or “our” means Pinkberry Franchising Company.
On demand Interest on all amounts owed us. We can arrange for goods, services, materials, etc. Find other similar franchises!
Therefore, neither this Agreement, the Franchise, the Franchisee nor your Pinkberry Store, or any interest in, or the assets of, any of them can be transferred without our prior written approval. You understand and agree that Pinkberrv Store Franchisees are separate and distinct from us and are independently owned and operated, and that while we strongly encourage you to speak with such Franchisees in connection with your evaluation of this franchise opportunity, they do not act as our agents or representatives in providing any information to vou and we will have no obligations or liabilities with respect to and vou should not rely on anv information, opinions or otherwise they may provide to you.
If at any time during the Franchise Agreement, you are not in Good Standing, we can reduce, eliminate or otherwise modify your territorial rights.
As of April,we had no Pinkberry Store Franchisees. The initial training program will be at a time and place, and for such period, as we specify in our Business Judgment. InPinkberry opened its first store abroad, in Kuwait.
One of the pinkberty steps before making an investment is to do an industrial analysis of the current market trends that will affect bottom line. Training You must attend an initial orientation at which we will provide you with materials and guidelines for selecting a site for your Pinkberry Store as well as leasing requirements and guidelines.
We have all rights in and to the Marks. In the interest of providing you with appropriate data, we have provided similar information with respect to the two affiliate owned Pinkberry Stores currently operated by our Affiliate, Pinkberry, Inc. Take our short quiz Take our free franchise quiz!
Pinkberry Franchise Review
If this Agreement is awarded in connection with your acquisition of an existing franchised Traditional Pinkberry Store then bhsiness Term of this Agreement will, at our option, either: Royalty payments are due commencing with the royalty period in which you open your Pinkberry Store Franchised Business or days after the Effective Date of the Franchise Agreement, whichever is sooner.
We can, in our Business Judgment, do any cranchise the following: Miscellaneous costs to begin operations and other financial requirements may be more or less than the figures specified buslness. You must locate a site acceptable to us and sign a lease, within 3 months from the date of the Franchise Agreement.
You must keep us advised of the identities of any new potential Manager and other supervisors of your Pinkberry Store Franchise.