What understanding is in place regarding any location Afuri Ramen Dumpling selects or approves for a franchise?
Afuri_Ramen_Dumpling Franchise · 2024 FDDAnswer from 2024 FDD Document
You must ensure that the site you select complies with these requirements.
- 1.3.5 You acknowledge and agree that any location we select or approve, and any lease we approve will be with the understanding that it meets our minimum acceptable criteria based upon our general business experience.
The location for the Franchise Premises must meet our minimum square footage and other standards outlined in our Operations Manual.
You acknowledge that you are responsible for reviewing and determining the appropriateness and desirability of the lease.
We will have no liability with respect to the selection or approval of a location or any lease for the Premises, nor liability with respect to any site recommendations we make.
- 1.3.6 Before you enter a lease or purchase agreement for the Franchise Premises, you will submit the lease or purchase documents to us for approval.
Lease documents must include the Franchise Premises Lease Agreement Rider attached in Exhibit 2 or otherwise include an assignment of the lease in a form we approve, pursuant to which we may assume the lease as provided in Exhibit 2.
You will deliver to us a true copy of the lease and any additions or amendments to it promptly after they are executed.
- 1.3.7 If we cure any breach by you under the lease or sublease, the total amount of all costs and payments we incur in effecting the cure will be immediately due and owing by you to us.
Source: Item 23 — Receipts (FDD pages 50–189)
What This Means (2024 FDD)
According to the 2024 Afuri Ramen Dumpling Franchise Disclosure Document, any location that Afuri Ramen Dumpling selects or approves will be based on the understanding that the location meets the franchisor's minimum acceptable criteria, which is based on their general business experience. However, the franchisee is responsible for reviewing and determining if the lease is appropriate and desirable.
Afuri Ramen Dumpling will not have any liability regarding the selection or approval of a location or any lease for the premises, including any site recommendations they make. The location for the Franchise Premises must meet the minimum square footage and other standards outlined in their Operations Manual.
Before entering into a lease or purchase agreement for the Franchise Premises, the franchisee must submit the lease or purchase documents to Afuri Ramen Dumpling for approval. Lease documents must include the Franchise Premises Lease Agreement Rider attached as Exhibit 2 or include an assignment of the lease in a form Afuri Ramen Dumpling approves, which allows them to assume the lease as described in Exhibit 2. The franchisee must provide Afuri Ramen Dumpling with a true copy of the lease and any additions or amendments promptly after they are executed.
If Afuri Ramen Dumpling cures any breach by the franchisee under the lease or sublease, the franchisee is immediately responsible for the total amount of all costs and payments Afuri Ramen Dumpling incurs to effect the cure.