What is the deadline for signing and delivering the Successor Agreement to Beef O Bradys?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
Not less than 6 months nor more than 12 months prior to the expiration of this Agreement, you will notify us that you wish to enter into a Successor Agreement with us. After receiving that notice, we will either deliver to you the form of Successor Agreement, including the proposed Development Schedule to be used in the Successor Agreement or our written notice that we have determined that no additional Family Sports Pubs may be developed in the Development Area. You and we must both sign and deliver to each other the Successor Agreement (with a completed Successor Development Schedule) at least 30 days prior to the expiration of the term of this Agreement. If you do not sign and deliver to us the Successor Agreement,
Source: Item 23 — RECEIPTS. (FDD pages 66–330)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, if a franchisee wishes to enter into a Successor Agreement, both the franchisee and Beef O Bradys must sign and deliver the agreement to each other at least 30 days before the expiration of the current franchise agreement's term. This includes a completed Successor Development Schedule.
To initiate this process, the franchisee must notify Beef O Bradys of their intent to enter into a Successor Agreement no less than 6 months and no more than 12 months before the current agreement expires. After receiving this notification, Beef O Bradys will either provide the franchisee with the Successor Agreement form, including the proposed Development Schedule, or inform the franchisee in writing that no further Family Sports Pubs should be developed in the Development Area.
It is crucial for prospective franchisees to understand these timelines and conditions, as failure to meet them can result in the loss of the opportunity to continue operating under the Beef O Bradys brand. Franchisees should mark these dates on their calendars and proactively communicate with Beef O Bradys to ensure a smooth transition or renewal process.