factual

How many days does Annex Brands have to approve or disapprove a proposed location?

Annex_Brands Franchise · 2025 FDD

Answer 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 a location for the center has not been selected and approved at the time of the agreement, the franchisee is responsible for finding a suitable location acceptable to Annex Brands. The franchisee must open the center for business within 365 days of the agreement's execution.

Annex Brands will attempt to approve or disapprove a proposed location within 30 days after the franchisee submits it. Annex Brands states that they will not unreasonably withhold approval of a location that meets their standard site selection criteria. These criteria include demographic characteristics, population of the area, competition, the nature of nearby businesses, commercial characteristics, visibility, accessibility, size, appearance, and other physical characteristics of the premises.

Annex Brands may provide corporate personnel to assist with location selection, with salaries and expenses borne by Annex Brands, subject to personnel availability and franchisee request. If the franchisee cannot find an acceptable site within 365 days, Annex Brands can terminate the franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.