Franchise Policy Overview

Purpose:

This document outlines the key policies, conditions, and legal terms regarding franchise opportunities with Popup Nooks, enabling entrepreneurs to operate under the Popup Nooks brand using our proven model.

Franchise Eligibility & Application

• Applicants must complete a franchise application form and demonstrate business experience, financial capability, and alignment with brand values.
• Approval is subject to a review process, including background checks.

Franchise Fee & Royalties

• Initial Franchise Fee: $[Specified Amount] (one-time payment for licensing the brand and operational rights).
• Ongoing Royalties: [Percentage]% of gross revenue, payable quarterly.
• Marketing Fund Contribution: [Percentage]% of gross revenue (if applicable), allocated to national/local marketing campaigns.

Franchise Term & Renewal

• Standard franchise agreement term: [Number] years, renewable upon mutual agreement and compliance.
• Renewal fees and conditions will be outlined in the franchise agreement.

Franchisee Responsibilities

• Maintain brand standards, service quality, and operating procedures as outlined by Popup Nooks.
• Use approved marketing, signage, and supplies.
• Attend mandatory training and ongoing support sessions.
• Provide regular sales and operational reports.

Intellectual Property & Branding

• Franchisees receive licensed rights to use Popup Nooks trademarks, logos, colors, and proprietary methods.
• All intellectual property remains the exclusive property of Popup Nooks.

Training & Support

• Popup Nooks provides initial training covering setup, operations, branding, and customer service.
• Ongoing support includes marketing, operations, and product updates.

Quality Control & Compliance

• Franchisees agree to adhere to all brand standards, quality controls, and operational policies.
• Regular audits and inspections may be conducted.

Advertising & Local Marketing

• Franchisees are required to contribute to national marketing campaigns.
• Local marketing efforts are the responsibility of the franchisee, subject to brand approval.

Data & Confidentiality

• Franchisees must keep proprietary information confidential.
• Franchisee data-sharing and reporting are governed by franchise agreement provisions.

Termination & Non-Compete

• Popup Nooks reserves the right to terminate the franchise agreement for breach of terms.
• Franchisees agree to non-compete clauses post-termination (specific duration and scope outlined in the franchise agreement).

Terms & Conditions for Franchise Operations

Legal Relationship:

The franchisee operates as an independent business owner under licensing from Popup Nooks. Nothing in this agreement creates an employment or partnership relationship.

Compliance:

Franchisees agree to comply with all operational manuals, policies, and directives issued by Popup Nooks.

Investment & Operating Costs:

Franchisees bear all costs for setup, inventory, staff, marketing, and ongoing expenses.

Proprietary Rights:

Franchisees shall not use Popup Nooks’ trademarks or proprietary content outside of their authorized franchise activities.

Territorial Rights:

Territorial exclusivity is granted (or not), as specified in the franchise agreement.

Term & Renewal:

The initial franchise term and renewal conditions are detailed in the franchise agreement.

Termination & Exit:

Procedures for termination, including notice periods, post-termination obligations, and non-compete clauses, are outlined in the franchise agreement.

Dispute Resolution:

Any disputes shall be addressed through arbitration in Rutherford County, Tennessee, under Tennessee law.

Amendments:

Popup Nooks reserves the right to amend franchise policies, with notices provided to franchisees.