What is the Atwell Suites company's obligation regarding notice for equipment removal?

According to Atwell Suites's 2025 Franchise Disclosure Document, the company is obligated to provide the franchisee with 30 days prior written notice if they intend to remove any piece of equipment from the franchisee's premises, regardless of the reason for removal. This stipulation is part of the equipment lease agreement between Atwell Suites and the franchisee, referred to as the 'Equipment Lessee.'

This requirement ensures that franchisees are informed well in advance of any equipment removal, allowing them to prepare for any operational adjustments needed as a result. The equipment in question includes beverage dispensers, permanent merchandising, menu boards, refrigeration units, ice makers, and water filtration equipment installed by Atwell Suites on the franchisee's premises.

It's important to note that the removal of equipment does not affect the term of any other agreements between Atwell Suites and the franchisee. However, if the equipment lease is terminated before 100 months from the installation date due to reasons other than Atwell Suites removing the equipment without cause, the franchisee may be responsible for covering the costs associated with the removal and remanufacturing of the equipment, as well as the unamortized portion of installation and parts costs.