What article and section address the franchisee's obligations regarding licenses and permits for a Benihana franchise?
Benihana Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 9: FRANCHISEE'S OBLIGATIONS]
| a. | Site selection and acquisition/lease | Article 2 | 7, 8 and 11 |
|---|---|---|---|
| b. | Pre-opening purchases/leases | Articles 2 & 3 | 7 and 8 |
| c. | Site development and other pre-opening requirements | Articles 2, 3 & 5 | 6, 7 and 11 |
| d. | Licenses and Permits | Article 2 & Section 3.17 | 7 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 33–35)
What This Means (2024 FDD)
According to Benihana's 2024 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations under the Franchise Agreement. The table within this item provides a quick reference to where these obligations are detailed in the agreement and the disclosure document. Specifically, it points prospective franchisees to the sections that elaborate on each obligation.
Regarding licenses and permits, the table indicates that Article 2 and Section 3.17 of the Franchise Agreement address the franchisee's responsibilities. Item 7 of the disclosure document also contains information about licenses and permits.
This means that a potential Benihana franchisee should carefully review Article 2 and Section 3.17 to understand their duties related to obtaining and maintaining all necessary licenses and permits for operating the franchise. Additionally, Item 7 of the FDD should be consulted for further details on this topic.