What is determined in the development schedule of an Amorino Area Development Agreement?
Amorino Franchise · 2025 FDDAnswer from 2025 FDD Document
We may grant you the right to open multiple Amorino Stores within a specific geographic area according to a development schedule, by entering into an Area Development Agreement with you. The development schedule, which we will negotiate with you before you sign the Area Development Agreement, will set the number of Amorino Stores you are required to open and the date by which each is to be open. The minimum number of outlets required to be opened under the Multi-Unit Development Agreement is two, and may be higher. For the first outlet, you must sign the Franchise Agreement included in this Franchise Disclosure Document. Upon establishing each additional outlet under the development schedule in the Area Development Agreement, you will be required to sign a then-current Franchise Agreement, which may differ from the current Franchise Agreement included with this Franchise Disclosure Document.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to Amorino's 2025 Franchise Disclosure Document, the development schedule within an Area Development Agreement specifies two key elements: the number of Amorino stores a franchisee is required to open and the date by which each store must be operational. This schedule is negotiated between Amorino and the franchisee before the Area Development Agreement is signed, allowing for a customized expansion plan. The minimum number of outlets required to be opened under the Multi-Unit Development Agreement is two, but may be higher depending on the agreement.
For each additional Amorino store established under the development schedule, the franchisee is required to sign a then-current Franchise Agreement. This agreement may differ from the initial Franchise Agreement included in the Franchise Disclosure Document, meaning the terms and conditions could change as the franchisee opens more locations. This is a common practice in franchising, as franchisors often update their agreements to reflect changes in the market, legal requirements, or their own business practices.
Prospective Amorino franchisees should carefully consider the implications of the development schedule and the potential for changes in the Franchise Agreement. It is crucial to negotiate a realistic development schedule that aligns with the franchisee's financial capabilities and operational expertise. Additionally, franchisees should seek legal counsel to understand the terms of the then-current Franchise Agreement at the time of opening each additional location, ensuring they are fully aware of any changes or new obligations.