What is the condition for Bb.Q Chicken to approve a lease agreement?
Bb_Q_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
2.2.1 Prior to acquiring by lease or purchase a site for the Restaurant, but within sixty (60) days of the date this Agreement is executed, you shall locate a site for the Restaurant that satisfies the site evaluation guidelines provided to you by us pursuant to Section 5.1. You shall submit to us in the form specified by us, a description of the site, including evidence reasonably satisfactory to us demonstrating that the site satisfies our site evaluation guidelines, together with such other information and materials as we may reasonably require, including, but not limited to, a letter of intent or other evidence satisfactory to us which confirms your favorable prospects for obtaining the site. We shall have thirty (30) days after receipt of this information and materials to approve or disapprove, in our sole discretion, the proposed site as the location for the Restaurant. You acknowledge and agree that our acceptance of a location for the Restaurant is not a warranty or guaranty, express or implied, that you will achieve any particular level of success at the location or that your Restaurant will be profitable. Our acceptance of a location for the Restaurant only signifies that the location has met our then-current minimum criteria for a bb.q Chicken Restaurant. You must provide us with a copy of the signed lease for your Restaurant location within ninety (90) days after you have signed this Agreement, failure to do so may result in the termination of this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 62–283)
What This Means (2025 FDD)
According to Bb.Q Chicken's 2025 Franchise Disclosure Document, a prospective franchisee must first locate a site for the Restaurant that satisfies Bb.Q Chicken's site evaluation guidelines, within sixty (60) days of the Franchise Agreement's execution. The franchisee must then submit a description of the site, along with evidence that the site meets Bb.Q Chicken's evaluation guidelines. This submission should also include any other information and materials Bb.Q Chicken reasonably requires, such as a letter of intent or other evidence confirming the franchisee's prospects for obtaining the site.
Bb.Q Chicken then has thirty (30) days after receiving the franchisee's site information to either approve or disapprove the proposed site. The FDD emphasizes that Bb.Q Chicken's acceptance of a location does not guarantee the franchisee's success or profitability at that location. Approval merely signifies that the site has met Bb.Q Chicken's minimum criteria for a restaurant location.
Finally, the franchisee must provide Bb.Q Chicken with a copy of the signed lease for the restaurant location within ninety (90) days after signing the Franchise Agreement. Failure to provide the signed lease within this timeframe may result in the termination of the Franchise Agreement. This requirement ensures that the franchisee secures the approved location and proceeds with establishing the Bb.Q Chicken restaurant in a timely manner.