On-going Training: Continuous cross-exposure staff support as and when required. Additionally, every franchisee and his selected staff members will need to attend further mandatory training as required by Al-Thiqa Restaurants Co. to ensure continued success. On-going Support: 24-hour support help-line, quarterly meetings, continuous research and development, introduction of new menu items, centralized marketing campaigns and promotional techniques, periodical visits and motivational award programs. Marketing Support: A distinct marketing strategy with tested and proven advertising and promotional plans. Research and Development: Benefit from continuous research and development of new products, promotional techniques and methods. Menu Engineering and Evaluation: Based on menu items sales analysis, the entire menu structure is evaluated every six months. New menu items will be introduced to substitute for slow-moving ones. Updating the Operating Manual: The Operating Manual is subject to periodical updates according to the development of the business. Franchisee visits: To provide an opportunity for business review, analysis, and to extend advice and guidance to the Franchisee. Franchisee interaction with other Franchisees: With Al-Thiqa Restaurants Co., the Franchisee will be able to network with other Franchisees through contributing to our newsletter, meetings, seminars, training, and Franchisee of the Year award programs.
"IPR" Intellectual Property Rights: The right to utilize the Black & White Trade Name,Product and Service Marks, Expertise, know-how and all literature and other material protected by copyrights.
Know-how: The Transfer of an extensive amount of accumulated know-how of food business management, sales and marketing, business ../administration and accounting, together with the requirement of the area developer to conform to principles and practices and corporate policies of Black & White in the performance of the day-to-day running of the business.
Geographical Boundaries: The exclusive right to operate the Black & White business using its know-how and business systems within an exclusive territory.
Similar periods will be granted subject to fulfilling Black & White conditions and standards at the time of renewal. Site Selection Assistance: The identification of the most suitable site/sites for the establishment of the business, evaluation of site plans and advice on construction and refurbishment of the premises.
Financial Analysis Support: Provision of investment plan and financial analysis for the selected site including profit & loss statements and other analysis such as break even point and return on investment.
Menu Items Customization: The customization of our menu to suit the local taste in each geographical territory.
Architectural Designs/Plans: The provision of sketches and artistic impressions of the Shrimpy stores in addition to store opening action plans and programs.
Kitchen Layout Software: Black & White kitchen design & application to suit the available space of the chosen site.
Equipment Support: Provision of Black & White lists and specifications of kitchen equipment, accessories and small ware.
Point of Sale Support: Branded point of sale, home delivery, and operation software in addition to physical and digital customization and networking, including reporting system for inventory,purchasing and receiving procedures.
Nominated Suppliers: A list of suppliers will be pro
Intent to Proceed Deposit: After studying the Franchise Information Memorandum and in consideration of a Non-refundable payment (20% of the initial area development fees) by the potential investor to Al-Thiqa Restaurants Co., an initial agreement will be signed between both parties where the potential investor will be granted the right for an agreed time to enter into an area development agreement for the chosen territory. During such period, Al-Thiqa Restaurants Co. will not grant or negotiate the granting of the Franchise Rights in the same territory
Confidentiality: The potential investor agrees that all confidential information is the exclusive property of Al-Thiqa Restaurants Co. to be held in the strictest confidence. The potential investor agrees that the confidential information may not be reproduced, distributed or disclosed without a prior written consent. .
Area Development Agreement: A separate legal agreement will be provided for each of the Area Developers. The issue of the Agreement enables the Area Developer to secure the rights for the allocated territory.
Store Opening Agreement: This agreement is executed upon the approval of the site and lease terms and the receipt of the store-opening fee. There will be one franchise agreement for each store opened. Each store will have an agreed designated territory radius.
Supply Agreement: The Area Development Agreement will have an appendix for product supplies that will contain a list of mandatory purchases from Al-Thiqa Restaurants Co.. A minimum stock holding will be agreed to upon the execution of such agreement. A credit facility of two weeks will be granted to the Area Developer.
Management Service Fees: To ensure the continuous success of the Area Developer through on-going support and in order to maintain a win/win relationship under Shrimpy Trade Name and Marks using its up to date knowhow and operating manuals, the management of Al-Thiqa Restaurants Co. has established Management Service Fees of 6% on total turnover.
Development Plans: The Area Developer is required to establish 5 stores in the first three years.