What are Alloy's options if the Facility is not 'under control' within 180 days?

According to Alloy's 2025 Franchise Disclosure Document, if a franchisee's facility is not 'under control' within 180 days from the date of the Franchise Agreement, Alloy has two options. Alloy may grant the franchisee an extension of time to locate a facility, or Alloy may terminate the Franchise Agreement.

This means that a prospective Alloy franchisee needs to secure a suitable location and gain control over it within the specified timeframe. Failure to do so could result in either a delay in opening their franchise or the termination of their agreement with Alloy. The term "under control" is further defined in subparagraph 5.A, but the excerpt does not include that definition.

It is important for potential franchisees to understand Alloy's criteria for site selection and the steps involved in gaining control of a facility to avoid potential issues. Franchisees should communicate proactively with Alloy and seek assistance if they anticipate difficulties in meeting the 180-day deadline. Franchisees should clarify with Alloy what constitutes 'under control' to ensure compliance.