If a franchisee is a multi-unit developer with Alloy, when must each additional Franchised Business be opened?
Alloy Franchise · 2025 FDDAnswer from 2025 FDD Document
If you are a multi-unit developer, you must sign your first Franchise Agreement at the same time you sign the Area Development Agreement. The typical length of time between the signing of the Franchise Agreement and the opening of your first Franchised Business is the same as for an individual franchisee. Each additional Franchised Business you develop must be opened according to the terms of your Minimum Performance Schedule.
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, if a franchisee is a multi-unit developer, they must sign their first Franchise Agreement when they sign the Area Development Agreement. The timeframe between signing the Franchise Agreement and opening the first Alloy Franchised Business is the same as it is for an individual franchisee.
For each additional Alloy Franchised Business that the multi-unit developer opens, they must adhere to the terms outlined in their Minimum Performance Schedule. This schedule will specify the required opening dates for each subsequent location.
Prospective multi-unit Alloy franchisees should carefully review the Minimum Performance Schedule within their Area Development Agreement to fully understand the development timeline and obligations for opening additional locations. Understanding this schedule is crucial for planning and managing the expansion of their Alloy franchise network.