factual

Does the Beard Papas Franchise Agreement include a Lease Agreement Rider?

Beard_Papas Franchise · 2025 FDD

Answer from 2025 FDD Document

Schedule 1 Shop Location and Designated Territory Acknowledgment
Schedule 2 Statement of Franchise Owners
Exhibit 1 Owner and Spouse Agreement and Guaranty
Exhibit 2 Confidentiality Agreement
Exhibit 3 Site Selection Acknowledgment
Exhibit 4 Lease Agreement Rider
Exhibit 5 Collateral Assignment of Lease
Exhibit 6 Assignment of Telephone Numbers and Digital Media Accounts
Exhibit 7 ACH Authorization Form
Exhibit 8 General Release

Source: Item 22 — CONTRACTS (FDD pages 57–58)

What This Means (2025 FDD)

According to the 2025 Beard Papas Franchise Disclosure Document, the Franchise Agreement does include a Lease Agreement Rider. Specifically, Exhibit 4 to the Franchise Agreement is listed as the Lease Agreement Rider. This suggests that the lease agreement between the franchisee and the landlord may require an addendum or rider to align with Beard Papas's requirements.

For a prospective Beard Papas franchisee, this means they will likely need to ensure that the lease agreement for their shop location includes the terms and conditions outlined in the Lease Agreement Rider. This could cover aspects such as signage, use of premises, and other operational requirements that Beard Papas deems necessary for maintaining brand consistency and standards.

It is important for the franchisee to carefully review Exhibit 4, the Lease Agreement Rider, along with the standard lease agreement, to understand all obligations and ensure compliance. Consulting with a legal professional experienced in franchise agreements and commercial leasing is advisable to navigate these documents effectively.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.