factual

For Atwell Suites, what responsibility does the Eligible Participant have regarding AT&T Equipment located at the site?

Atwell_Suites Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 2.2 AT&T Equipment. Services may be provided using equipment owned by AT&T that is located at the Site ("AT&T Equipment"), but title to the AT&T Equipment will remain with AT&T. Eligible Participant must provide adequate space and electric power for the AT&T Equipment and keep the AT&T Equipment physically secure and free from liens and encumbrances. Eligible Participant will bear the risk of loss or damage to the AT&T Equipment (other than ordinary wear and tear), except to the extent caused by AT&T or its agents.

Source: Item 23 — Receipts (FDD pages 99–486)

What This Means (2025 FDD)

According to Atwell Suites's 2025 Franchise Disclosure Document, when AT&T provides services utilizing its own equipment at the franchise location, the title to that equipment remains with AT&T. However, the Atwell Suites franchisee, referred to as the Eligible Participant, has several responsibilities regarding this equipment.

The franchisee must provide adequate space and electrical power for the AT&T equipment. Furthermore, the franchisee is responsible for keeping the equipment physically secure and free from any liens or encumbrances. This means the franchisee must take measures to protect the equipment from damage or theft and ensure no third party can claim rights over it.

Additionally, the Atwell Suites franchisee bears the risk of loss or damage to the AT&T equipment, except for normal wear and tear or damage caused by AT&T or its agents. This highlights the importance of insurance coverage to protect against potential financial losses due to damage or loss of the equipment. These stipulations outline the franchisee's role in maintaining a suitable environment and protecting AT&T's assets at the franchise location.

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.