In the context of a Bananas Smoothies Frozen Yogurt franchise sublease, what does 'Demised Premises' refer to?

According to the 2025 Bananas Smoothies Frozen Yogurt Franchise Disclosure Document, in the context of a sublease agreement, the 'Demised Premises' refers to the specific physical location or property being subleased, as described in the original lease agreement.

For a prospective Bananas Smoothies Frozen Yogurt franchisee, this means the exact details of the space they will be operating in are defined in the original lease. The sublease agreement between Everything Yogurt Brands, LLC (as the sublessor) and the franchisee (as the sublessee) grants the franchisee the right to use that specific space, subject to the terms outlined in both the original lease and the sublease agreement.

It is important for the franchisee to thoroughly review the original lease to understand the full scope and limitations of the 'Demised Premises.' This includes understanding the size, location, permitted uses, and any restrictions on alterations or improvements to the property. The franchisee should also be aware that the landlord may unilaterally modify the lease for the demised premises, which could result in amendments to the sublease agreement.