Is the franchisee responsible for securing all financing required to develop the Aw restaurant?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree at your own expense to do the following: (1) secure all financing required to fully develop the Papa Ray's Pizza Restaurant; (2) obtain all required building, utility, sign, and business permits and licenses and any other required permits and licenses; (3) construct the Papa Ray's Pizza Restaurant according to the construction plans and specifications we have approved; (4) decorate the Papa Ray's Pizza Restaurant in compliance with plans and specifications we have approved; (5) purchase and install all required fixtures, furniture, equipment, and signs; and (6) purchase an opening inventory of required products, and supplies.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, the franchisee is responsible for securing all financing required to fully develop their Papa Ray's Pizza Restaurant. This means that Aw franchisees must independently obtain the necessary funds to cover all costs associated with establishing the restaurant.
This requirement includes, but is not limited to, securing loans, investments, or other financial resources to handle construction, permits, fixtures, equipment, and initial inventory. Prospective franchisees should carefully assess their financial capabilities and explore funding options to ensure they can meet this obligation.
It is important for potential Aw franchisees to develop a comprehensive financial plan that accounts for all anticipated expenses and potential funding sources. Understanding this financial responsibility upfront is crucial for the successful launch and operation of an Aw franchise.