JARS By Fabio Viviani
JARS By Fabio Viviani offers quick serve dessert jars, gourmet coffee, and seasonal specialties in franchised restaurants. Known for unique dessert concepts, it operates in the casual dining and specialty food service industries.
JARS By Fabio Viviani franchise FAQ
How much does it cost to open one — the total initial investment?
The total initial investment necessary to begin operation of a Jars by Fabio Viviani franchised business ranges from $199,950 to $634,950. This includes a required payment of $50,000 to $69,500 to the franchisor or its affiliates. [p.1]
What is the initial franchise fee?
The initial franchise fee is $35,000 [p.12, p.66]. This payment is fully earned by the franchisor at the time the Franchise Agreement is signed and is not refundable under any circumstances [p.12, p.66].
What are the ongoing royalty and advertising fees?
The franchisee must pay a monthly royalty fee equal to 6% of their Gross Revenue [p.66]. Additionally, the franchisee is required to spend at least 1% of their Gross Revenue on Local Advertising each month [p.84], with Franchisor having the right to collect some or all of this expenditure and implement advertising on behalf of the franchisee.
How long is the initial franchise agreement, and can I renew it?
The term length of the initial franchise agreement isn't specified in the excerpts. However, you have the right to enter into a new franchise agreement for one additional ten-year term upon expiration of the current term, subject to certain conditions [p.64].
Can I sell or transfer my franchise, and what does that require?
According to the FDD, you cannot freely transfer ownership of your franchise; transfers are generally not permitted except for good cause as determined by the franchisor. Good cause includes but is not limited to specific reasons identified by the franchisor [p.6].
On what grounds can the franchisor terminate the agreement?
The franchisor can terminate the agreement if it files for bankruptcy [p.198] or by providing 180 days' prior notice to the franchisee [p.41]. Additionally, termination must be based on reasonable cause, as defined by Virginia law, and cannot include grounds that do not constitute 'reasonable cause' under the Virginia Retail Franchising Act or Virginia laws [p.208] [p.6].
What financial requirements — net worth and liquid capital — do I need to qualify?
This isn't specified in the excerpts.
Do I get an exclusive or protected territory?
No, you do not receive an exclusive territory. You may face competition from other franchisees, outlets owned by the company, or other channels of distribution or competitive brands that the company controls [p.37]. Additionally, the company reserves the right to operate its own businesses within your territory selling products similar to those offered under their marks [p.39].
What training and ongoing support does the franchisor provide?
The franchisor provides initial training at their headquarters or an affiliate-owned location [p.30], including the Operations Manual and other beneficial materials [p.36]. Post-opening, they offer Pre-Opening Assistance and Training for up to 10 days around the opening date, included in the Initial Franchise Fee [p.76]. For additional on-site training, the franchisor can provide trained representatives at the franchisee's request, with costs including per diem fees and travel expenses [p.70]. This support is subject to availability of personnel and may not be provided for subsequent outlets under certain conditions [p.76].
How many franchised outlets are there, and how many have closed or been terminated?
This isn't specified in the excerpts.
Does the franchisor share any financial performance or earnings information?
The franchisor is not permitted to provide financial performance or earnings information unless it is already disclosed in the Franchise Disclosure Document (FDD) [p.53]. If a franchisee receives any other financial performance information, they should report it to the franchisor and relevant regulatory agencies as specified [p.53, p.221]. This isn't specified in the excerpts whether or not the franchisor shares such information if it is already disclosed in the FDD.
What am I restricted to selling, and where must I buy supplies?
You are restricted to offering and selling all products and services that are part of the System, as well as any new items incorporated into the System by the franchisor. You may set your own prices for these products and services, though the franchisor has the right to recommend maximum prices and enforce promotional program requirements [p.43]. Additionally, you must buy or lease certain items from the franchisor or a limited group of suppliers designated by them, which might be more expensive than other options [p.4].