factual

Under the All Dogs Unleashed agreement, what are the three components of the 'Minimum Development Obligations'?

All_Dogs_Unleashed Franchise · 2025 FDD

Answer from 2025 FDD Document

1.2.1 You must comply with the terms of this Agreement and with the following "Minimum Development Obligations": (i) secure a site and enter into a Franchise Agreement and a lease agreement for each Facility you must develop under this Agreement on or before the lease and Franchise Agreement signing deadline stated in Attachment A (the "Signing Deadlines"), (ii) develop and open each Facility you must develop under this Agreement on or before the opening deadline stated in Attachment A (the "Opening Deadlines"), and (iii) have open and in operation within the Development Area, not less than the cumulative number of Facilities identified in Attachment A; (collectively, "the Minimum Development Obligations"). YOU AGREE THAT TIME IS OF THE ESSENCE UNDER THIS AGREEMENT AND THAT YOUR RIGHTS UNDER THIS AGREEMENT ARE SUBJECT TO TERMINATION IF YOU DO NOT STRICTLY COMPLY WITH THE MINIMUM DEVELOPMENT OBLIGATIONS.

Source: Item 23 — RECEIPTS (FDD pages 49–158)

What This Means (2025 FDD)

According to All Dogs Unleashed's 2025 Franchise Disclosure Document, franchisees with development agreements must meet certain minimum development obligations. These obligations are critical, and failure to comply can lead to termination of the agreement.

The three components of these obligations include: first, securing a site, entering into a Franchise Agreement, and a lease agreement for each required Facility by the signing deadline outlined in Attachment A. Second, franchisees must develop and open each Facility by the opening deadline, also specified in Attachment A. Finally, franchisees must have the cumulative number of Facilities identified in Attachment A open and operating within the Development Area.

All Dogs Unleashed emphasizes that time is of the essence, meaning strict adherence to these deadlines is mandatory. Prospective franchisees should carefully review Attachment A of the Franchise Agreement to fully understand the specific signing and opening deadlines, as well as the required number of operating facilities, to ensure they can meet these obligations. The agreement also stipulates that the franchisee must designate a 'Responsible Owner' who actively directs the business affairs and has the authority to sign contracts.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.