What is the deadline for Annex Brands to approve or disapprove a location?
Annex_Brands Franchise · 2025 FDDAnswer from 2025 FDD Document
LOCATION SELECTION. If the location for the Center has not been selected by Α. Franchisee and approved by Franchisor at the time of execution of this Agreement, then Franchisee agrees to find a location which is suitable for the operation of the Center and acceptable to Franchisor, and to open the Center for business at that location, within 365 days after the execution date of this Agreement. Franchisor will attempt to approve or disapprove any location within 30 days after Franchisee proposes it. Franchisor will not unreasonably withhold approval of a location that meets its standard site selection criteria for demographic characteristics, population of the area surrounding the site, competition from other businesses, the nature of other business in proximity to the site, commercial characteristics, visibility and accessibility, and the size, appearance and other physical characteristics that determine the suitability of the particular premises. Subject to the availability of Franchisor's personnel and at the request of Franchisee, Franchisor will make corporate personnel available to assist in location selection. Salaries and other expenses relating to corporate personnel will be borne by Franchisor. If Franchisee is unable to locate an acceptable site within 365 days after execution of this Agreement, Franchisor may terminate the Franchise at any time thereafter (see Subsection 8.A of this Agreement).
Source: Item 22 — Contracts (FDD pages 109–110)
What This Means (2025 FDD)
According to Annex Brands' 2025 Franchise Disclosure Document, if the franchisee has not selected a location at the time of the franchise agreement's execution, the franchisee is responsible for finding a suitable location acceptable to Annex Brands and opening the center within 365 days of the agreement's execution date.
Annex Brands will attempt to approve or disapprove any proposed location within 30 days after the franchisee proposes it. Annex Brands states that it will not unreasonably withhold approval of a location that meets its standard site selection criteria. These criteria include demographic characteristics, population of the area surrounding the site, competition from other businesses, the nature of other businesses in proximity to the site, commercial characteristics, visibility and accessibility, and the size, appearance and other physical characteristics that determine the suitability of the particular premises.
If the franchisee fails to locate an acceptable site within the 365-day timeframe, Annex Brands reserves the right to terminate the franchise agreement at any time thereafter. Annex Brands may also provide corporate personnel to assist in location selection, with salaries and related expenses borne by Annex Brands.