If a Baya Bar franchisee does not yet have a location at the signing of the Franchise Agreement, what will they receive?
Baya_Bar Franchise · 2024 FDDAnswer from 2024 FDD Document
If you do not yet have a location at the signing of the Franchise Agreement, you will receive a non-exclusive site search area list as Attachment 2.
Source: Item 12 — TERRITORY (FDD pages 36–40)
What This Means (2024 FDD)
According to Baya Bar's 2024 Franchise Disclosure Document, if a franchisee does not have a location selected when signing the Franchise Agreement, they will receive a non-exclusive site search area list as Attachment 2 to the agreement. This list provides a starting point for the franchisee to begin their search for an appropriate location.
It is important to note that this site search area list is non-exclusive, meaning Baya Bar may offer the same locations to other prospective franchisees. The franchisee is responsible for finding and securing a suitable location that meets Baya Bar's standards.
This arrangement is fairly common in the franchise industry, particularly for newer or rapidly expanding brands. It allows franchisees to begin the process of securing financing and training while still searching for the ideal site. However, franchisees should be aware of the risk that they may not be able to find a suitable location within a reasonable timeframe, which could potentially delay or even prevent the opening of their Baya Bar shop.