Within how many days of the Aw Franchise Agreement must a franchisee have leased an approved site?
Aw Franchise · 2025 FDDAnswer from 2025 FDD Document
You must have leased a site for the Premises which has been approved by us within one hundred eighty (180) days of the date of this Agreement.
We have the unilateral right (but not the obligation) to terminate this Agreement upon notice to you if you have not signed a lease for a site approved by us for your Papa Ray's Pizza Restaurant within one hundred eighty (180) from the date of this Agreement.
Source: Item 22 — CONTRACTS (FDD pages 39–40)
What This Means (2025 FDD)
According to Aw's 2025 Franchise Disclosure Document, a franchisee must have leased a site approved by Aw within 180 days of the date of the Franchise Agreement. This requirement is crucial for prospective franchisees as it sets a firm deadline for securing a suitable location.
Aw retains the right to terminate the Franchise Agreement if the franchisee fails to secure an approved lease within this 180-day timeframe. This clause underscores the importance of proactive site selection and lease negotiation. Franchisees should engage promptly in the site selection process and maintain open communication with Aw to ensure the proposed location meets their criteria and receives timely approval.
This requirement is fairly standard in the franchise industry, as franchisors need to ensure franchisees are set up for success in a timely manner. The 180-day window provides a reasonable timeframe for finding and securing a location, but franchisees should be prepared to act quickly and efficiently to meet this deadline.