What must I have at the time I execute my final Franchise Agreement under the Alloy Development Schedule?

According to Alloy's 2025 Franchise Disclosure Document, when you execute your final Franchise Agreement under the Development Schedule, you must have an Authorized Location for the Facility to be developed under that final Franchise Agreement. This means that before signing the agreement for your last Alloy location, you need to have secured and approved site for that business.

This requirement ensures that you are ready to proceed with the development of your final Alloy location as per the agreed-upon schedule. Without an authorized location, you would not be able to fulfill your obligations under the Development Schedule, potentially leading to breaches of the agreement.

For a prospective Alloy franchisee, this highlights the importance of diligent site selection and securing necessary approvals in a timely manner. Failing to have an authorized location when the final Franchise Agreement is due could delay or even jeopardize your ability to complete your development obligations under the agreement.