Which sections of the Benihana FDD outline the franchisee's obligations related to opening the 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 |
| e. | Initial and ongoing training | Article 5 | 11 |
| f. | Opening | Sections 2.9 - 2.11 | 11 |
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 provides a table that summarizes a franchisee's obligations under the Franchise Agreement and other related agreements. This table is designed to help franchisees locate more detailed information about their obligations both within the agreements themselves and in other items of the Disclosure Document.
Specifically, regarding obligations related to opening the franchise, the table in Item 9 references several key areas. These include site selection and acquisition/lease, which are detailed in Article 2 of the Franchise Agreement and Items 7, 8, and 11 of the FDD. Pre-opening purchases and leases are covered in Articles 2 & 3 of the agreement and Items 7 and 8 of the FDD. Site development and other pre-opening requirements are found in Articles 2, 3 & 5 of the agreement and Items 6, 7, and 11 of the FDD.
Further, the franchisee's obligations regarding licenses and permits are outlined in Article 2 & Section 3.17 of the Franchise Agreement and Item 7 of the FDD. Initial and ongoing training requirements are specified in Article 5 of the agreement and Item 11 of the FDD. Finally, the actual opening procedures are detailed in Sections 2.9 - 2.11 of the Franchise Agreement and Item 11 of the FDD. Therefore, prospective franchisees can use this table as a roadmap to understand all their duties related to launching their Benihana franchise.