Franchise Application

SECTION 2: FINANCIAL CAPABILITY AND EXPERIENCE

Applicant must clearly show that they have the financial capacity to successfully develop, maintain and operate a high-quality franchise. 

Applicant shall provide a description of its strategy for financing the project, including anticipated financing costs,
discussion of the risks and benefits of the structure, all sources of debt and equity, and long- term outlook for project’s
financial viability. 

1. Attach audited financial statements for the last three (3) years including Balance Sheet, Income Statement, 

Statement of Retained Earnings and Statement of Changes in Financial Position.  Also, please provide the following Annual Revenue by Year: 

2. References

Please provide two financial references from your Bank, Other Accredited Credit Rating Agency or Insurance Company.

FINANCIALS

(All information provided is strictly confidential and will be treated as such)

Assets

FINANCIALS

Liabilities

(All information provided is strictly confidential and will be treated as such)

Net Worth

REAL ESTATE OWNED

INCOME

EXPENDITURES

SECTION 3: SPECIFIC DATA

AUTHORIZATION FOR INVESTIGATION

I/we represent and warrant that all of the statements made by me/us in the above application are true and correct.  I/we understand that if I/we make a false statement, such action will terminate my/our application for consideration.  I/we understand that by signing this application, I/we authorized Mother’s Enterprises Ltd. to check my/our credit with a credit bureau, conduct a background and criminal investigation.  I/we agree that this application shall be and remain the property of Mother’s Enterprises Ltd. whether or not this application is approved.  By my signature below, I hereby authorize all corporations, former employers, credit agencies, educational institutions, law enforcement agencies, courts and agencies, military services and persons to release all information they may have about me including criminal history.  This authorization shall be valid in original or copy form.

I/we understand that this application does not obligate either party to engage in a business transaction in any manner.

AUTHORIZATION FOR INVESTIGATION

The undersigned has made an application for a Mother’s Franchise. 

The Applicant understands that, in reliance upon this application, a substantial amount of time and expenses may be exerted in seeking, surveying and showing locations suitable for a Mother’s outlet and in undertaking various other steps preliminary to the granting of a Franchise. 

In consideration of the services to be rendered to the Applicant hereunder, the Applicant agrees not to disclose or to make use of, either directly or indirectly, any trade secrets or information disclosed to him in reliance upon this application, including, but not limited to, contemplated locations for a Mother’s restaurant, sources of supply, merchandising techniques and operating methods. It is intended that this paragraph shall survive termination, abandonment or cancellation of this application and shall be effective whether or not a Mother’s Franchise is entered into between the parties. 

The Applicant certifies that the information furnished in this Franchise Application Form is a true and correct statement of my (our) financial condition on the date indicated.  The Applicant agrees to notify you immediately in writing of any material change in said condition. The Applicant hereby also authorizes Mother’s Enterprises Limited to make inquiries of the Applicant's bankers and creditors as to their dealings with the Applicant and the Applicant's credit worthiness and hereby authorizes that such bankers and creditors disclose such information to Mother’s Enterprises Limited. The Applicant acknowledges and confirms that no franchise or other agreement shall be deemed to have arisen between the Applicant and Mother’s, (except as herein provided) by virtue only of the Applicant executing this application. Such agreements shall only arise upon the execution by the Applicant and Mother’s Enterprises Limited of final written agreements.