Who is the franchisor mentioned in the Azal Coffee addendum?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
| THIS ADDENDUM is made the day of, 20, and modifies a |
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| Franchise Agreement of the same date (the "Franchise Agreement") entered into by Durar Investment, LLC, a Michigan limited liability company, ("Franchisor") and |
| , a(" Franchisee "). In this |
| , a |
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. The addendum to the Franchise Agreement specifies that the franchisee is entering into an agreement with Durar Investment, LLC, which is identified as the Franchisor. This entity grants the franchise for an Azal Coffee store.
This means that Durar Investment, LLC is the company that owns the Azal Coffee franchise system and is responsible for granting franchises to individuals or entities who want to open and operate an Azal Coffee store. The franchisee's lease agreement is contingent upon the agreement with Durar Investment, LLC, ensuring that the premises are used solely for the operation of an Azal Coffee during the lease term, including renewals.
Furthermore, the franchisor, Durar Investment, LLC, retains certain rights, including the option to be assigned the franchisee's lease under specific conditions such as the expiration or termination of the Franchise Agreement or the franchisee's abandonment of the premises. This provision ensures that Azal Coffee maintains control over the location and can continue operating a franchise at that site even if the original franchisee leaves.