According to the sample agreement, who is the franchisor for Azal Coffee?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
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- Introduction. Franchisee has entered into a Franchise Agreement with Durar Investment, LLC ("Franchisor"). The Franchise Agreement requires Franchisee's lease for the Premises to contain certain provisions. In consideration of the agreement of Franchisor to enter into a Franchise Agreement with Franchisee for an Azal Coffee franchise to be located at the Premises, Landlord and Franchisee agree that the provisions contained in this Addendum will be applicable to the Lease notwithstanding anything to the contrary contained in the Lease.
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2024 FDD)
According to Azal Coffee's 2024 Franchise Disclosure Document, the franchisor is Durar Investment, LLC. This is according to the sample agreement included in the FDD. Specifically, the document states that the franchisee has entered into a Franchise Agreement with Durar Investment, LLC, which is identified as the Franchisor.
This means that Durar Investment, LLC is the entity that grants the franchise to operate an Azal Coffee store. As the franchisor, Durar Investment, LLC is responsible for providing the franchise system, trademarks, and trade dress that the franchisee will use to operate their Azal Coffee business. They also have rights and obligations outlined in the franchise agreement, such as the right to approve the location of the franchise and the obligation to provide training and support to the franchisee.
Prospective franchisees should understand that their legal and contractual relationship is with Durar Investment, LLC. Any legal notices or communications related to the franchise agreement should be directed to Durar Investment, LLC at the address specified in the agreement. This information is crucial for franchisees to understand their rights and obligations and to ensure they are communicating with the correct entity regarding their franchise.