Nekter Juice Bar

What specific circumstances led to the franchisor initiating the 1 litigation case in the past 3 years, and what was the outcome or current status?

Why has the annual closure rate increased from 8 units (2022) to 16 units (2024), and what are the primary reasons franchisees are exiting?

The transfer fee of $26,250 is 50% higher than the typical range for this franchise category. Can you explain the justification for this fee level and whether it is negotiable?

What specific conditions must be met for renewal at the end of the 10-year initial term, and how frequently are renewals denied?

Can you provide details on the 11 renewal conditions listed in Section 16? Which conditions have historically caused franchisees to be denied renewal?

Given the 7-day cure period for payment defaults, what happens if a franchisee cannot cure within 7 days due to cash flow issues?

The agreement lists 17 non-curable termination grounds in Section 14.1. Can you provide examples of the most commonly cited grounds that have resulted in terminations?

How does the 2-year/10-mile non-compete restriction affect a franchisee's ability to work in the juice or smoothie bar industry after exit?

What are the personal guarantee obligations beyond the franchise agreement, and have any franchisees faced personal liability enforcement?

Can franchisees use suppliers outside the 8 required supplier categories if they offer better pricing or quality, or is franchisor approval required for all sourcing?

What are the specific requirements in the 11 renewal conditions, and do they include modernization or capital investment obligations?

How many of the 16 units that closed in 2024 were due to franchisee voluntary closure versus franchisor action or other factors?

Are there any patterns in which locations or demographics are experiencing higher closure rates?

What support does the franchisor provide to underperforming units to prevent closures, given the increasing trend?

The median gross sales of $502,638 is the basis for profitability claims. What is the median net profit or operating margin after franchisee expenses?

How does the $208 monthly technology fee compare to the actual services provided, and are there any obligations to pay for system upgrades beyond this fee?

If a franchisee wants to transfer their unit, does the $26,250 transfer fee apply in addition to any training or vetting fees for the new owner?

What constitutes a material breach under the non-curable termination grounds, and how much discretion does the franchisor have in interpreting these grounds?

Are there any exclusive territory disputes or encroachment issues documented, given the exclusive territory protection claim?

What percentage of franchisees have renewed their agreements at the end of their initial term, and what are the primary reasons for non-renewal?