What document must owners with less than 25% ownership in a 7 Brew franchise sign?
7_Brew Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchisor is Brew Culture Franchise, LLC ("we," "us," or "our"). "You" means the entity to which we grant franchises and development rights. Your owners must sign our "Guaranty and Assumption of Obligations" or "Owner's Undertaking of Non-Monetary Obligations" (depending on the ownership percentage). This means all or some of our Franchise Agreement's provisions (Exhibit A) also will apply to your owners.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD pages 52–53)
What This Means (2025 FDD)
According to 7 Brew's 2025 Franchise Disclosure Document, the specific document that owners with less than 25% ownership must sign depends on the ownership percentage. The document states that all or some of the Franchise Agreement's provisions will apply to the owners. The owners must sign either a "Guaranty and Assumption of Obligations" or an "Owner's Undertaking of Non-Monetary Obligations." The specific document depends on the ownership percentage.