When must the Franchise Agreement for the first Alloy Facility be executed?

According to Alloy's 2025 Franchise Disclosure Document, the Franchise Agreement for the first Alloy facility must be executed simultaneously with the execution of the Development Agreement. This means that at the same time the franchisee signs the agreement granting them development rights, they must also sign the Franchise Agreement for their initial location.

This requirement ensures that Alloy franchisees are committed to opening their first location promptly. It also allows Alloy to maintain control over the development process and ensure that new facilities meet their standards from the outset.

Prospective franchisees should be aware of this requirement and ensure they are prepared to move forward with their first location as soon as they sign the Development Agreement. This includes having a suitable site selected and the necessary financing in place.