What are considered 'Operating Assets' that a Beef O Bradys franchisee must acquire from approved suppliers?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
- 5.5 Operating Assets and Family Sports Pub Materials. You agree to acquire all services, supplies, materials, ingredients and food and beverage products, and media products and services (e.g. cable television, and satellite television for use in connection with your Family Sports Pub (collectively, the "Family Sports Pub Materials") and all fixtures, furnishings, equipment, signs and electronic or computerized devices and services (including telecopiers, cash registers, computers, POS, e-mail, ISP, intranet and internet services, hardware and software) (the "Operating Assets") from suppliers we have previously approved.
We will only approve suppliers whose Family Sports Pub Materials and Operating Assets meet the quality standards that we establish from time to time.
We may require that you purchase or lease Operating Assets and Family Sports Pub Materials through any form of a "business to business," e-commerce, Intranet or Internet supply network that we may designate, establish or participate in from time to time.
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, Operating Assets encompass a range of items necessary for running a Family Sports Pub. These include fixtures, furnishings, equipment, and signs. Additionally, Operating Assets cover electronic or computerized devices and services, such as telecopiers, cash registers, computers, POS (point of sale) systems, e-mail, ISP (internet service provider), intranet and internet services, along with related hardware and software.
Beef O Bradys requires franchisees to acquire these Operating Assets from suppliers that the company has previously approved. This ensures that the materials and assets meet the quality standards established by Beef O Bradys. This requirement is in place so that Beef O Bradys can maintain consistency and quality across all franchise locations.
Furthermore, Beef O Bradys retains the right to mandate that franchisees purchase or lease Operating Assets through a designated "business to business," e-commerce, Intranet, or Internet supply network. This provision allows Beef O Bradys to streamline the procurement process and potentially negotiate better pricing or terms with suppliers, which could benefit franchisees. Franchisees are also responsible for ensuring compliance with the Americans with Disabilities Act (ADA) and must certify that their franchised business meets ADA requirements before opening.