We have no predecessors or parent companies. We have one affiliate. Our affiliate, Ordermark, Inc, a Delaware corporation ("Ordermark, Inci"), was incorporated on January 10, 2017 and has developed a standalone independent hardware system that aggregates multiple online ordering services onto one device to unify and organize online food orders sent to commercial kitchens arid restaurants by customers of online food ordering platforms (the "Ordermark Eqiiipment") such as BeyondMenu, Caviar, chowNow; Delivery.Com, Doordash, EatStreet, Foodler, Grubhub, Postmates, Uber Eats, and Yelp Eat 24 and the like ("Food Delivery Services").
Ordermark, Inc. is the approved supplier and the only approved supplier of the Ordermark Equipment. Neither we nor Ordermark,Inc. have ever offered franchises in this business or in any other line of business. Neither we nor Ordermark, Inc. operate any businesses of the type offered in this Disclosure Document. We have offered our franchises for sale since tire issuance date of this Disclosure Document, and do not coiiduct any other business activities. We do not do business under any other names. The prinapal business address of Ordermark, Inc. is 10381 Jefferson Boulevard, Culver City, California,90232.
We have developed a system (the "System") for commercial kitchens ("Franchised Kitchens") that will prepare a variety of food products ("Branded Products") under various trade names, trademarks, service marks,.logos.and commerdalsymbols weselect.! "Product Marks") for Sale and delivery to customers of online food ordering platforms by Food Delivery Services. Asian example. We intend to USe "Grilled Cheese Society" asfone of our Product lylarks; We will arrange for the Branded Products to be featured and promoted on the Food Delivery Services online platforms. Customers will place their orders for Branded Products online with the Food Delivery Service they choose for the-food they want delivered. The Food Delivery Service will then transmit the order to your Franchised Kitehen for preparation using the Ordermark Equipment, pick, up. the order at your Franchised Kitchen and deliver the food to the customer for a fee established by the Food Delivery Services which may range from 13% to 40% of each customer's total order; You will have full responsibility for all orders sent to your Franchised Kitchen for fulfillment, including, (i) the preparation and packagirig of all orders on a timely basis and in a professional manner; (ii) compliance With all applicable laws in the fulfillment: of the orders; (iii) cornpliance with the fulfillment requirements of each order; and (iv) performance of all of your obligations under your Franchise Agreement, and any other agreements with us or our affiliates. Each Branded Product must be offered and sold under the Product Mark we designate aiid must be prepared in accordance With our recipes; methods, standards and specifications. Franchisees may be individuals or entities who meet our then-current requirements for franchisees. These requirements may include the signing of personal guarantees,(Exhibit C to the Franchise Agreement) by some or all of the individuals holding an equity interest in you.
You must pay us a $2,000 initial franchise fee (the "Initial Franchise Fee") for your Franchised Kitchen when you sign your Franchise Ageement Exhibit A. If you are signing your Franchise Agreement with the renewal of an existing franchise, you will pay a renewal fee in lieu of an Initial Franchise Fee when you sign the renewal Franchise Agreement as provided in your existing Franchise Agreement. Refunds,Different Fees and Finansing: The Iriitial Franchise Fee is fully earned by us when paid and is not refundable unjder any circumstances. We use the proceeds from Initial Franchise Fee to defray a portion of our expenses in connection with the safe and establishment of franchises, such as; (i) costs related to developing and improving, our services; (ii);expenses of preparing and registering this, Disclosure Document; (iii) legal fees; (iv) accdunting fees,(v) costs of obtamihg and screening,franchisees; and (vi) general administrative expenses. We may reduce, finance, defer Or waive the Initial Franchise Fee if and when we determine it is warranted by a unique Or cornpelling situation. We generally do not provide fihancing for the Initial Franchise Fee.
We dp not offer direct or indirect financing. We do not guarantee your note, lease or obligation.
We do not make any representations about a franchisee's future financial perfbrrnance or the past financial performance of company-owhed or franchised outlets.. We also do not authorize our employees or representatives to rnake any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you Should report it to the franchisor's management by contacting Jenn Hier, President, 1610 Little Raven Street #100, Denver, Colorado 80202; Telephone: 303 264,9951; [email protected].