In relation to pre-opening purchases/leases for an Auntie Annes franchise, what is specified in Item 12.8?
Auntie_Annes Franchise · 2024 FDDAnswer from 2024 FDD Document
| b. Pre-Opening | 5, 6, 7, 10, and | 20.G. and | 5, 7, 8, 11, | |
|---|---|---|---|---|
| 20.G. | ||||
| purchases/ leases | 12.8 | 20.L. | 12 | and 12 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 59–61)
What This Means (2024 FDD)
According to Auntie Annes's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations. Specifically, it indicates where more detailed information can be found within the document regarding these obligations. For pre-opening purchases and leases, Item 9 references Item 12.8, among other items.
This means that Item 12.8 of the FDD contains information about the franchisee's obligations related to pre-opening purchases and leases. A prospective Auntie Annes franchisee should carefully review Item 12.8 to understand what is expected of them regarding these pre-opening activities.
It is important to note that Item 9 also refers to other items and sections of the franchise agreement and disclosure document, such as 5, 6, 7, 10, 20.G, and 20.L, which may also contain relevant information about pre-opening purchases and leases. Therefore, a thorough review of all referenced sections is recommended to fully understand the franchisee's obligations.