What is the Sublessor granting to the Sublessee in the Bananas Smoothies Frozen Yogurt Sublease Agreement?
Bananas_Smoothies_Frozen_Yogurt Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, Sublessor has agreed with the Sublessee to grant a Sublease of the Demised Premise to Sublessee subject to the terms of this Sublease; and WHEREAS, Everything Yogurt Brands, LLC ("Franchisor") and Sublessee (as "Franchisee" have previously executed the current Franchise Agreement ("Franchise Agreement") under which the Sublessee will operate a Restaurant as the term is defined in the Franchise Agreement subject to the term of the Franchise Agreement and this Sublease; and Sublessee acknowledges that Landlord may unilaterally modify the Lease for the Demised Premises in which case this Sublease Agreement may be amended modify the Leade for the Definition Fromtier in which case this subjects regionitely the difficult
Source: Item 23 — RECEIPT (FDD pages 58–231)
What This Means (2025 FDD)
According to the 2025 Bananas Smoothies Frozen Yogurt Franchise Disclosure Document, the Sublessor, Everything Yogurt Brands, LLC, agrees to grant a Sublease of the Demised Premise to the Sublessee, subject to the terms of the Sublease. The Sublessee will operate a Restaurant as defined in the Franchise Agreement, subject to the terms of both the Franchise Agreement and the Sublease. The document also states that the Landlord may unilaterally modify the Lease for the Demised Premises, which may result in amendments to the Sublease Agreement.
This means that Bananas Smoothies Frozen Yogurt franchisees entering into a sublease agreement are being granted the right to use the physical space (Demised Premises) to operate their franchise. However, this right is contingent upon the terms and conditions outlined in both the Sublease Agreement and the overarching Lease agreement. Prospective franchisees should carefully review both documents to understand their rights and obligations regarding the property.
It is important to note that the Landlord has the right to modify the original lease, which could impact the Sublease Agreement. The Bananas Smoothies Frozen Yogurt franchisee, as Sublessee, is also bound by the terms of the Franchise Agreement, and failure to comply with either the Lease or Franchise Agreement could result in a default under the Sublease Agreement. The Sublessee is responsible for paying rent and other charges directly to the Landlord, as well as franchise fees and advertising contributions to the Franchisor.