factual

What is the deadline for opening an Alloy Facility after signing a lease?

Alloy Franchise · 2025 FDD

Answer from 2025 FDD Document

Your Facility must be opened for business not later than six months after you sign a lease or 12 months after you sign the Franchise Agreement, whichever occurs first. If you are unable to open your Franchised Business within the required time period, we may terminate the Franchise Agreement upon 30 days' prior written notice to you, unless the Facility shall open for business according to the terms of the Franchise Agreement within this 30 day period. You may not open your Facility for business until we have approved it as being ready to open.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 31–42)

What This Means (2025 FDD)

According to Alloy's 2025 Franchise Disclosure Document, a franchisee must open their facility for business no later than six months after signing a lease or 12 months after signing the Franchise Agreement, whichever comes first. Alloy estimates that it will take between 10 to 12 months from the date of signing the Franchise Agreement to opening the facility.

Several factors can affect the time it takes to open an Alloy facility, including obtaining building permits, zoning and local ordinances, weather conditions, and any shortages or delays in equipment, fixtures, and signs. Alloy does not assist with conforming the premises to local ordinances and building codes, obtaining required permits, constructing the premises, or with equipment, signs, fixtures, opening inventory, or supplies, except by providing a list of approved suppliers and written brand design specifications.

If a franchisee fails to open their Alloy franchise within the specified timeframe, Alloy has the right to terminate the Franchise Agreement with 30 days' prior written notice, unless the facility opens for business according to the terms of the Franchise Agreement within this 30-day period. Before opening, Alloy must approve the facility as ready to open, and the franchisee must meet specific requirements related to site selection, construction, training, payments, insurance, and permits.

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.