Where must the Franchise Territory and Franchise Premises be located for an Afuri Ramen Dumpling franchise?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
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- Franchise Premises and Franchise Territory. The Franchise Territory for each franchise will be designated by us before you open each relevant Franchise Premises. The Franchise Territory and your Franchise Premises must be in the United States of America, legally available pursuant to state and federal franchise and business opportunity disclosure and registration laws and pursuant to our contractual commitments (including those with our other franchisees) and in compliance with our franchise placement, market development and demographic criteria.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to Afuri Ramen Dumpling's 2024 Franchise Disclosure Document, the Franchise Territory and Franchise Premises must be located in the United States of America. The location must be legally available pursuant to state and federal franchise and business opportunity disclosure and registration laws. Additionally, the location must comply with Afuri Ramen Dumpling's contractual commitments, including those with other franchisees, and adhere to their franchise placement, market development, and demographic criteria.
Before opening a franchise, Afuri Ramen Dumpling will designate the Franchise Territory for each franchise. The document specifies that the franchisee is responsible for selecting the site for the Franchise Premises within a search area outlined in an exhibit and in accordance with the Franchise Agreement. The location for the Franchise Premises must also meet Afuri Ramen Dumpling's minimum square footage and other standards outlined in their Operations Manual.
Prospective franchisees should carefully review Exhibit 1, which outlines the search area, and the Operations Manual, which details the specific requirements for the Franchise Premises. It is important to ensure that the selected location meets all legal and contractual obligations, as well as Afuri Ramen Dumpling's criteria for market development and demographics. Franchisees are also responsible for determining the appropriateness and desirability of the lease.