DISCLOSURE DOCUMENT

More documents

Recommendations

Info

Monitored SecuritySystem$100.00 - $10,000.00 Upon request by the franchisorand as agreed between thefranchisee and the SecuritySystem provider.As agreedbetween thefranchisee andthe SecuritySystemprovider.franchisee‟schosen SecuritySystem provider.Banking FeesThe incidental costs ofmaintaining a LotteryTrust Account.As specified by the franchisee‟sfinancial institution.Not knownfranchisee‟schosen financialinstitution.$50.00 - $3000.00Mediation Costs $100.00 - $3,000.00 As agreed between thefranchisee and third partiesincidental to Mediation.NoThird partiesincidental tomediation suchas franchisee‟slegalrepresentative,transport toattend mediation,shared costs ofmediator,mediation roomhire, etc.Attendance at ourRetail TerritoryMeetingsThe incidental costs oftravel andaccommodation (EgFuel)$10.00 - $500.00As agreed between thefranchisee and third partiesNoThird partiesincidental toattendance atGolden Casket‟sRetail TerritoryMeetingsShopfit, shopfitupgrade and/ormaintenance ofshopfitWe may require thefranchisee to undertakea shopfit of theDedicated Area, shopfitupgrade or maintenanceof shopfit in accordancewith clauses 4.4 and 4.5of the FranchiseAgreement and clause 1of Schedule 4 of theFranchise Agreement.As specified by the shopfitters orsuppliers.Generally notrefundable, butas specified bythe shopfittersor suppliers.Shopfitters orsuppliers asrequired.$2,000.00 - $150,000.00depending on the worksrequired.Sundry Goods &ServicesGoods and servicesincidental to operating aretail business such ascleaning, storage,stationary, etc.$50.00 - $5,000.00As agreed between thefranchisee and third parties.Not knownThird partysuppliers ofgoods andservicesincidental tooperating a retailbusiness.13.7 If 2 or more of items 13.1, 13.3 and 13.6 apply to a payment, the information required by those items inrelation to that payment need be set out only once.13AUnforeseen Significant Capital Expenditure13A.1 Whether the franchisor will require the franchisee, through the franchise agreement, the operationsmanual (or equivalent), or any other means, to undertake unforeseen significant capital expenditure thatwas not disclosed by the franchisor before the franchisee entered into the franchise agreement.13BNoCosts of dispute resolutionDisclosure Document GC - 26 Nov 2012 (25 July 2013 Update).docPage 20
13B.1 Whether the franchisor will attribute the franchisor’s costs, including legal costs, incurred in disputeresolution to the franchisee.No. In accordance with clause 31 of the Franchising Code of Conduct, we and the Franchisee are equally liable forthe costs of mediation and each party must pay for their own costs of attending mediation.14. FINANCING14.1 The material conditions of each financing arrangement that the franchisor, its agent or an associate of thefranchisor offers to the franchisee for establishment or operation of the franchised business.Not applicable, we do not offer any financing arrangement.14.2 For item 14.1, the material conditions of a financing arrangement include the following:(a) any requirement that the franchisee must provide a minimum amount of unborrowed working capitalfor the franchised business;(b) any requirement that a franchisee must meet a stated debt to equity ratio in relation to the franchisedbusiness.Not applicable.15. FRANCHISOR’S OBLIGATIONS15.1 References to the relevant conditions of the attached franchise agreement that deal with the obligations ofthe franchisor, including:(a) any obligation to provide training:(i) before the franchised business starts; andSee clauses 4.1(c), 4.1(e), 4.8(b), 5.8 and 16.3(f)(vi) of the Franchise Agreement.(ii) during operation of the franchised business.See clauses 4.1(c), 4.1(e), 4.2(p), 4.8(b), 4.9(c), 5.8, 10.1(i), and 10.1(j) of the Franchise Agreement.(b) any obligation that continues after the franchised business ceases to operate.See clauses 15.6, 15.8, 20.2 and 20.4 of the Franchise Agreement.16. FRANCHISEE’S OBLIGATIONS16.1 References to the relevant conditions of the franchise agreement that deal with obligations of a franchiseefor the following matters:(a) selection and acquisition of site and premises;There are no such conditions dealing with site selection contained in the Franchise Agreement.(b) requirements for starting the franchised business;See clauses 1.4, 2.3, 4.1, 4.2(l), 4.2(o), 4.4(a), 4.6, 5.1(b), 5.6, 5.7, 5.8, 7.1, 8.2(a), 11.7(c), 14.1, 14.2 and18.1 of the Franchise Agreement.(c) development of the site, premises, vehicles and equipment;See clauses 2.3, 4.4(a), 4.6, 5.1(b) and clause 1 of Schedule 2 of the Franchise Agreement.(d) training;(i) before the franchised business starts; andSee clauses 4.1(c), 4.1(e), 4.8(b), 5.8 and 16.3(f)(vi) of the Franchise Agreement.(ii) during operation of the franchised business.See clauses 4.1(c), 4.1(e), 4.2(p), 4.8(b), 4.9(c) and 5.8 of the Franchise Agreement.(e) opening the franchised business;See clauses 1.4, 2.3, 4.1, 4.2(l), 4.2(o), 4.4(a), 4.6, 5.6, 5.7, 5.8, 7.1, 8.2(a), 11.7(c), 14.1, 14.2 and 18.1 of theFranchise Agreement.(f) complying with standards or operations manuals;See clauses 2.3(d)(iv), 4.2(b), (c), (f), (g), (h) and (v), 4.4(a)(i), 4.5(c)(i)(C), 4.8(b) and (c), 4.10, 5.1(a), (e) and(f), 5.3(b), 5.5(c) and (f), 5.6(b), 5.7(a), 9.1(c), 9.2(a) and (c), 10.1(h) and (k), 11.2(a)(ii), 12.1, 12.2(a)(iii),13.1(a)(i), 15.3(c), 17.1, 18.2(d), 20.2(a)(v), 20.4, 20.11(a) and clauses 1.3(b) and 1.6(b) of Schedule 2 of theFranchise Agreement.(g) Not applicable;(h) warranties and customer service;For warranties see clauses 14.1(c) and 14.2(d) of the Franchise Agreement. For customer service see clauses4.2(c), 4.2(i), 5.3(c), 5.10(a)(iii), 15.3(c)(iii) and (iv) of the Franchise Agreement.Disclosure Document GC - 26 Nov 2012 (25 July 2013 Update).docPage 21
Page 1: DISCLOSURE DOCUMENTFOR FRANCHISEE O
Page 5: Directors of Golden Casket’s Corp
Page 10 and 11: ‣ All “how to play” brochures
Page 12: We are obliged to supply Lottery Te
Page 15 and 16: Note: All amounts in Table are excl
Page 17 and 18: Freight (payableonly byTasmania & N
Page 19: Item 13.6A Other Payments TableNote
Page 23 and 24: (p) details of the operation or est
Page 25 and 26: (b)(ba)(c)(d)(e)The Franchisee must
Page 27 and 28: (a) the franchisor wants to give; a
Page 29 and 30: SCHEDULE B - Details of Existing Fr
Page 31 and 32: SCHEDULE D - Trade marksItem 7.1See
Page 33 and 34: SCHEDULE F - Past Franchisees at th
Page 35 and 36: Franchising Code of Conduct - Discl

DISCLOSURE DOCUMENT

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?