Is the Azal Coffee franchise agreement effective as of the same date entered?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
inconsistent with that law.
THE FOLLOWING PAGES IN THIS EXHIBIT ARE STATE SPECIFIC ADDENDA TO THE FRANCHISE AGREEMENT
ADDENDUM TO DURAR INVESTMENT, LLC FRANCHISE AGREEMENT FOR USE IN THE STATE OF HAWAII
| Franchise Agreement of the same date entered limited liability company ("Franchisor") and ("Franchisee"). In this Additional properties of the same date entered limited in the same date entered limited in the same date entered limited in the same date entered limited in the same date entered limited limited in the same date entered limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited limited l | ay of, 20, and modifies a into by DURAR INVESTMENT, LLC, a Michigan dendum, "we," "us," and "our" refers to Franchisor |
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| and " you " and " your " refers to Franchisee. In recognition of the requirements of the Stat. § 482E-1, et seq., the parties agree as follows: | e Hawaii Franchise Investment Law, Haw. Rev. |
Source: Item 23 — RECEIPTS (FDD pages 51–204)
What This Means (2024 FDD)
According to the 2024 Azal Coffee Franchise Disclosure Document, the franchise agreement is effective as of the same date entered. The document references the 'Franchise Agreement of the same date entered'. This indicates that the agreement becomes effective immediately upon signing by both the franchisor and the franchisee.
This immediate effectiveness means that once the Azal Coffee franchise agreement is signed, the franchisee is immediately bound by its terms and conditions. This includes obligations such as payment of fees, adherence to operational standards, and compliance with brand guidelines. The franchisee can begin the process of setting up their Azal Coffee store as soon as the agreement is in place.
Prospective Azal Coffee franchisees should carefully review the entire franchise agreement and understand all of their obligations before signing. They should also seek legal counsel to ensure they fully understand the terms and conditions of the agreement and their implications. Understanding the effective date helps the franchisee align their business plans and preparations with the legal start of the franchise relationship.