For Azal Coffee franchises, what is the required form for a lease addendum for the Franchise Location?

According to the 2024 Azal Coffee Franchise Disclosure Document, the lease for the premises must contain certain provisions, and both the landlord and franchisee agree that the provisions in the addendum will apply to the lease. Upon the franchisor exercising its option to take over the lease, both the landlord and franchisee must execute documents confirming the assignment in the form presented by Azal Coffee, including a short form of lease suitable for recording.

This means that if a franchisee defaults, abandons the premises, or upon expiration or termination of the Franchise Agreement or lease, Azal Coffee has the option to take over the lease. If Azal Coffee exercises this option, the franchisee and landlord must sign documents, in a format provided by Azal Coffee, to transfer the lease to the franchisor. This ensures that Azal Coffee can continue operating a franchise at that location if necessary.

It is important for prospective Azal Coffee franchisees to understand these lease provisions, as they could lose control of their location under certain circumstances. Franchisees should carefully review the lease agreement and addendum, and consult with an attorney to fully understand their rights and obligations.