What is the date referenced as the 'Franchise Agreement' date in the 7 Brew Rider?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS RIDER is made and entered into by and between BREW CULTURE |
|---|
| FRANCHISE, LLC, a Wyoming limited liability company whose principal business address is |
| 2710 S. 48th Street, Springdale, Arkansas 72762 ("we," "us," or "our"), and, a |
| ("you" or "your"). |
| 1. |
| BACKGROUND. We and you are parties to that certain Franchise Agreement |
| dated, 20 (the "Franchise Agreement"). This Rider is annexed |
| to and forms part of the Franchise Agreement. This Rider is being signed because (a) you are a |
| resident of North Dakota, and the 7 BREW Store you will operate under the Franchise Agreement |
| will be located in North Dakota, or (b) any of the franchise offer or sales activity relating to the |
| Franchise Agreement occurred in North Dakota. |
Source: Item 22 — CONTRACTS (FDD pages 82–83)
What This Means (2025 FDD)
According to the 2025 7 Brew Franchise Disclosure Document, the Development Rights Rider refers to a 'Franchise Agreement' date. The rider states, 'We and you are parties to that certain Franchise Agreement dated, 20 (the "Franchise Agreement").' This indicates that the specific date is left blank, represented by '20__'.
This blank date is intended to be filled in when the Development Rights Rider is executed alongside the Franchise Agreement. The Rider is annexed to and forms part of the Franchise Agreement, suggesting they are signed concurrently. This date is significant as it establishes the commencement of the franchise relationship and the terms outlined in both agreements.
For a prospective 7 Brew franchisee, it's crucial to ensure that this date is accurately filled in on all copies of the agreement before signing. This date serves as a reference point for various obligations and timelines within the agreement, including the term and any renewal options. A franchisee should confirm with 7 Brew that the date reflects the actual signing date to avoid any future discrepancies or disputes.