Franchise Renewal Fee Estimator and Agreement Impact Model
As discussed at the 2nd quarter National Board Meeting in Orlando, Florida below please find the most recent versions of the documents regarding the Financial Impact of new agreement and a Renewal Fee Calculator along with information shared by NCASEF Executive Vice chairman Michael Jorgensen and presentation by National Counsel, Eric Karp. Click for: Analysis-of-Significant-Changes Franchise Renewal Fee Estimator 2019 Agreement Analysis & Power Point Presentation By Eric Karp Agreement Impact Model Eric Karp’s Presentation regarding 2019 contract YouTube version Please reach out to NCASEF Executive Vice Chairman, Michael Jorgensen at: 347-251-1828 with questions
2017 Holiday Party
FOASC cordially invites you to attend our 2017 Holiday Party: Saturday, December 2nd 2017 Pirate’s Dinner Adventure 7600 Beach Blvd Buena Park, CA 90620 Cocktails and appetizers will be served at 6:00pm. Dinner show will being at 8:00pm. A Holiday Party Registration Form can be downloaded here. Please keep in mind, space is limited, therefore all members MUST RSVP and provide payment by the deadline: Friday, November 24th to be admitted for the party. 2017 Holiday Party Features: Cocktail Hour Unlimited Appetizers Pre Show Family Friendly Pirates Christmas Show Free Parking
Maintenance Price Increase
As we are all aware, the price of in-store maintenance has increased again. National is taking a stand and requesting that 7-Eleven consider franchisee’s reasoning in having severe opposition to the price hike. Below please find a copy of the letter sent to Joe De Pinto yesterday. We will keep you updated on the matter. Click here to download a copy of the letter National sent to 7-Eleven on May 30th.
Recap of ZLC Meeting – Thursday May 11th – Brea, CA
As we are aware, GP % is down in the month of April. This GP decrease varies from 1 – 6% in each store. If the store has the low 1-2% it is because of the $2 per pack excise tax on tobacco. We have increased the retail $1.75. So stores are losing $0.25 per pack contributes to the low GP. We have communicated with 7-Eleven that we believe there should be a minimum $0.25 retail to offset the lower GP. The reasons for the decrease in GP above 2% is as follows: Many stores have reported incorrect retail increase…
March 8th 2017 – BOD Meeting Recap
Wednesday, March 8th 2017 – Monterey Hill, CA BOD Agenda 3/8/17 / Meeting Photos Board of Directors Lunch Meeting: 11:30pm – 3:00pm Vendor Presentations Party Rims Dean Begim (818) 915-2288 dean@partyrims.com , Vice President Sean Zartoshty (818) 648-7277 sean@partyrims.com, Regional Sales Representative Tru Alka (The Water Loft) Letter from the owners Tru Alka Brand Presentation Benefits of Tru Alka alkaline water Tru Alka Order Form Tru Alka SPINS Data Howard & Debbie Nodleman (888) 987-8426 info@trualka.com Frito Lay Simon Kang (714) 917-9537 simon.s.kang@pepsico.com Agenda Items / Meeting Discussions: Franchise Agreement Committee (FAC) Update: FOASC Directors Nick Bhullar and Jawad Ursani were present at…
February 8th 2017 – Members Meeting Recap
Wednesday, February 8th 2017 – Canoga Park, CA Members Meeting Invitation / BOD Agenda / Meeting Photos Board of Directors Meeting: 1:30pm – 3:00pm Members Meeting: 3:30pm – 7:00pm Vendor Presentations: Altria / Marlboro – AGDC FSF USSTC Recall Direction Kellogg’s – Kellogg’s SEE 2017 Order Form / 7-Eleven Deals Nestle Professional – Allowances: NEW PRODUCTS / 7-Eleven Allowances CA Lottery – 2017 Spring Training Retailer Tradeshow Monster – 4-packs / Ultra 4pk / Hydro 4pk Coca-Cola – LA Distributing Co. representing: +Red Elixir – Join the Revolution Ito En (Oi Ocha) – Ito-En 7-Eleven Intro Deal Hint Water – Pure Water with a Splash of Fruit 7-Eleven: Norm Hower, GLA Zone Leader Stephen Kellison, GLA Zone Asset Protection…
Meeting Update – April 2016
President’s Recap This week we had our Board of Directors and Members Meeting in Diamond Bar, CA. The hot topic of discussion at the BOD Meeting was labor cost for preparing the new hot foods. With such low GP, are franchises making any money? The business model of 7-Eleven is to buy product, stock it and sell it for a profit. The new model includes preparing food, much like a “food service”. Some members feel as though SEI is not considering the labor cost aspect for franchisees. FOASC Members and Board of Directors One of our guest speakers, Mark…
January 16th 2017 – BOD Meeting Recap
Monday, January 16th 2017 – Pasadena, CA 1/16/17 BOD Meeting Agenda We has a successful 2016 year and held a great first Board of Directors Meeting of the 2017 year. With a very successful trade show, fruitful member meetings and an under budget holiday party, our business checking account balance has significantly increased from December 2015 to December 2016. All outstanding 2016 invoices have been paid or have a pending payment status. Over 275 vendors have been contacted and sent 2017 event information. Four vendors (Hershey, Shamrock, Kellogg’s & Vixxo) have paid in full for 2017 package deals. The 2017 Events…
National Coalition Meeting – Feb 2016
NCASEF Meeting Update At the National Coalition Meeting in Monterey in February Greg Franks (SVP Ops), Jeff Schenck (Franchisee Communications and Advisor to CEO), Bruce Maples (Sr. Director Franchise Support), & Mike Crist (Project Leader – Holistic Review) gave a presentation regarding the 2019 Agreement Process. Franchisees were assured that all promotions in the center of the store will be fully funded by vendor. Promotions on the wall are not fully funded by vendor, but moving forward vendors will participate more in these promotions Major Franchisee Concerns: How to handle the minimum wage increase Pricing: Coffee is going up 10…
