The franchisee will be operating a retail food shop under the name and mark “Between Rounds”, which features freshly baked bagels, breads and other baked goods as well as delicatessen and other prepared food products on an eat-in or take-out basis. As space allows, the franchisee will do the baking in an open area where customers may observe the baking process.

The franchisee will receive a territory consisting of a specific geographic area defined by streets or natural boundaries. If the shop is located in a community of more than 50,000 persons, then the exclusive territory will be limited to one city block. Otherwise, the exclusive Territory will be a one mile radius from the franchisee’s shop. The franchisee may operate from one location only and must receive the permission of Between Rounds before relocating. Between Rounds will not operate or grant franchises for the operation of another Between Rounds food shop within the Territory. There is no minimum sales quota. The franchisee maintains the rights to the Territory even though the population may increase.

Between Rounds is a Connecticut corporation that was incorporated in June 1992. The company has no predecessor and has not offered franchises in any other line of business. Between Rounds has three affiliated companies. The Bagel Stop Production Company is a Connecticut corporation which was formed on April 1991 and is the manufacturer and purveyor of the Between Rounds proprietary bagel products. The Bagel Stop Production Company also operates a Between Rounds food shop in South Windsor, Connecticut. Between Rounds No. 2, Inc., formed in January 1994, operates the Manchester, Connecticut Between Rounds food shop. Between Rounds Vernon, Inc., formed October 18, 2000, operates the Vernon, Connecticut Between Rounds food shop. None of the affiliated companies has offered franchises in this or any other line of business.