What is the deadline for submitting site information to Baya Bar after signing the Franchise Agreement?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
standards based on the individual factors and components of a particular site.
You must have located and submitted to us, for our review, all information we require regarding the site you propose for your Shop no later than 90 days after you have signed the Franchise Agreement. We will have 30 days after we receive all required information and materials from you to accept or decline the proposed site as the location for your Baya Bar Shop. If we do not provide our specific acceptance of a proposed site, the site is deemed not accepted. We do not warrant or guarantee that your Shop will be successful at any site that we accept. Our acceptance only means that the site meets our minimum requirements for a Shop, subject to any deviation from our standards as we may permit.
We will provide you with our current written site selection guidelines and any other site selection counseling and assistance we think is advisable.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–36)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, a prospective franchisee must submit all required site information to Baya Bar for review no later than 90 days after signing the Franchise Agreement. Baya Bar then has 30 days to either accept or decline the proposed site. If Baya Bar does not provide specific acceptance, the site is considered not accepted.
It is important to note that Baya Bar's acceptance of a site does not guarantee the success of the Baya Bar shop at that location. Acceptance only indicates that the site meets Baya Bar's minimum requirements. If a franchisee fails to secure an acceptable site within 180 days after signing the Franchise Agreement, Baya Bar has the right to terminate the agreement, and the initial franchise fee will not be refunded, unless Baya Bar agrees to extend the time frame.
This stipulation highlights the importance of thorough site selection and the need for franchisees to act promptly in identifying and submitting potential locations. Franchisees should carefully review Baya Bar's site selection guidelines and seek assistance from Baya Bar to ensure the proposed site meets their criteria. The franchisee bears the responsibility for all costs associated with securing and developing the site.