factual

Is the guarantor's liability for a Bee Organized franchise joint and several with the franchisee?

Bee_Organized Franchise · 2025 FDD

Answer from 2025 FDD Document

If Franchisee is a Corporate Entity, Franchisee represents and affirms to Franchisor that the following list identifies each and every Owner of Franchisee and their respective ownership interests. Owner Name Managing Owner: Franchisor: Owner Address Name of designated Bee Organized Enterprises, LLC Name and Title (please print) Name (please print)

Franchise Agreement Exhibit 1 Owner and Spouse Agreement and Guaranty

OWNER AND SPOUSE AGREEMENT AND GUARANTY

This Franchise Owner and Spouse Agreement and Individual Guaranty (the "Agreement") is individually entered into by you as either an owner of ____________________________ (hereinafter referred to as "Franchisee"), Franchisee, or the spouse of the owner of franchisee and is given and signed by you in favor of Bee Organized Enterprises, LLC, franchisor of the Bee Organized franchise system and in favor of Bee Organized Enterprises, LLC's successors and assigns, upon the terms and conditions set forth in this Agreement. In this Agreement Bee Organized Enterprises, LLC is referred to as "us", "our" or "we", and each individual that signs this Agreement is referred to as "you".

Recitals and Representations

WHEREAS, Franchisee has entered into a Bee Organized Franchise Agreement (the "Franchise Agreement") for the development and operation of a Bee Organized business (the "Franchised Business" or "Bee Organized Business") that offers and provides home and business organization services, life transition and moving assistance, and related concierge services (the "Approved Services and Products") under the Licensed Marks (defined below);

Source: Item 23 — RECEIPTS (FDD pages 54–218)

What This Means (2025 FDD)

According to Bee Organized's 2025 Franchise Disclosure Document, the Franchise Owner and Spouse Agreement and Individual Guaranty is entered into by the owner of the franchisee, the franchisee, or the spouse of the owner. This agreement is made in favor of Bee Organized Enterprises, LLC. The document refers to Bee Organized Enterprises, LLC as "us", "our" or "we", and each individual that signs the agreement as "you".

The agreement states that the franchisee has entered into a Bee Organized Franchise Agreement for operating a Bee Organized business. It also states that you represent that you have received and thoroughly reviewed the completed Franchise Agreement, including all schedules and exhibits. Bee Organized recommends that you thoroughly review the Franchise Agreement, this Agreement, and all schedules and exhibits with a lawyer selected and hired by you.

While the document confirms the existence of a guaranty agreement, it does not explicitly state whether the guarantor's liability is joint and several with the franchisee. A prospective franchisee should review the full Franchise Owner and Spouse Agreement and Individual Guaranty to fully understand the obligations and liabilities of the guarantor, including whether the liability is joint and several.

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.