Blimpie International, Inc.BLIMPIE INTERNATIONAL TO WAIVE To intentionally or voluntarily relinquish a known right or engage in conduct warranting an inference that a right has been surrendered. For example, an individual is said to waive the right to bring a tort action when he or she renounces the remedy provided by law for such INITIAL $18,000 FRANCHISE FEES FOR FIVE QUALIFIED ENTREPRENEURS IN DETROIT'S EMPOWERMENT em·pow·er tr.v. em·pow·ered, em·pow·er·ing, em·pow·ers 1. To invest with power, especially legal power or official authority. See Synonyms at authorize. 2. ZONES. Blimpie International, Inc. will waive the $18,000 initial franchise fee for up to five qualified entrepreneurs chosen to own and operate BLIMPIE Subs & Salads restaurants in Detroit's empowerment zones, as part of it's commitment to the Federal Government's EZ Initiative. BLIMPIE will supply training and support, while franchisees will be responsible for all other operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. and equipment. Detroit is the second city in BLIMPIE International's nationwide initiative, introduced in December 1997 and developed in conjunction with the U.S. Department of Housing and Urban Development (HUD Hud (h  d), a pre-Qur'anic prophet of Islam. Hud unsuccessfully exhorted his South Arabian people, the Ad, to worship the One God. ). The Detroit effort is being presented in conjunction with the City of Detroit and its One Stop Capital Shop. "This BLIMPIE inner city initiative began last year in Atlanta and culminated with six potential franchisees. The first of these potential franchisees is in the final stages of lease negotiation," said Stan STAN StanchionSTAN Stärke- und Ausrüstungsnachweis (German) Stan Standard Man (human patient simulator) STAN SEMCIP Technical Assistance Network STAN System Trace Audit Number STAN Star Trek Area Network Friedman, creator of the initiative and vice president of Global Development for Blimpie International, Inc. As part of this program, up to 200 qualified entrepreneurs will be awarded BLIMPIE franchises with initial fees waived, in federal Urban EZ's nationwide, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Friedman. "I am delighted that Blimpie International has chosen Detroit as the second site in its Urban Expansion Initiative," said Detroit Mayor Dennis W. Archer. "This collaborative effort between our city, Detroit's One Stop Capital Shop and BLIMPIE will provide a unique opportunity to bring business ownership opportunities to the Empowerment Zone community and help create jobs for others where they are most needed in our inner city." To help select qualified entrepreneurs for franchises in Detroit, Blimpie has assembled as·sem·ble v. as·sem·bled, as·sem·bling, as·sem·bles v.tr. 1. To bring or call together into a group or whole: assembled the jury. 2. an advisory board of local civic, business and community leaders. Selections will be based upon applications that include essays, personal financials and business plans. Technical and financial assistance will be provided through the One Stop Capital Shop. For further information on BLIMPIE'S urban expansion initiative or for general BLIMPIE franchise information, contact Blimpie International, Inc. at 800-447-6256, ext. 204. |
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