Within how many days of demand from Azal Coffee must the lease review fee be paid?
Azal_Coffee Franchise · 2024 FDDAnswer from 2024 FDD Document
et the Franchise Location or any portion of the Franchise Location without our prior written consent.
As part of our lease approval process, we may have an attorney review the proposed lease to ensure that the proposed lease meets our requirements. We have the right to charge you a non-refundable fee of One Thousand Five Hundred Dollars ($1,500) to cover the cost of that review. You must pay this fee within seven (7) days of demand from us in the manner described in Section 4.13.
Although we must approve your lease for the Franchise Location and may have an attorney review the lease, you acknowledge that: (a) we and our attorney are only evaluating the lease to determine if the lease meets our requirements for approval; and (b) we and our attorney will not evaluate or be responsible for the commercial reasonableness or suitability of the lease and you are solely responsible for those matters. We are not responsible or liab
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2024 FDD)
According to Azal Coffee's 2024 Franchise Disclosure Document, as part of the lease approval process, Azal Coffee may have an attorney review the proposed lease to ensure it meets their requirements. Azal Coffee has the right to charge a non-refundable fee of $1,500 to cover the cost of this review.
The FDD states that a prospective Azal Coffee franchisee must pay this $1,500 fee within seven days of demand from Azal Coffee. The manner of payment is described in Section 4.13 of the Franchise Disclosure Document.
It is important to note that while Azal Coffee must approve the lease for the Franchise Location and may have an attorney review the lease, the franchisee acknowledges that Azal Coffee and its attorney are only evaluating the lease to determine if it meets their requirements for approval. They will not evaluate or be responsible for the commercial reasonableness or suitability of the lease, and the franchisee is solely responsible for those matters. Azal Coffee is not responsible or liable to the franchisee for any claims relating to their lease, and the franchisee waives and releases Azal Coffee from any of those claims.