How many days before execution must a lease be submitted to Bens Soft Pretzels for written approval?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
You must lease the premises for your location in the form and manner required by us and deliver a copy of the signed lease to us immediately after its signing. You must not sign any lease which has not been approved in writing by us. If your business premises is to be leased, you must submit the lease to us for written approval at least fifteen days before it is scheduled to be executed. If you lease your business premises, the lease must include language contained in the Lease Rider which is attached to your Franchise Agreement as Schedule C. The lease shall give us, our agents or designees the right to enter the premises to conduct inspections at any time during regular business hours, the right to receive notices of default directly from the lessor and the right, but not the duty, to assume the lease for all or any part of the term, if you default under the lease, are evicted or if your Franchise Agreement expires or is terminated.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 23–30)
What This Means (2025 FDD)
According to Bens Soft Pretzels's 2025 Franchise Disclosure Document, if a prospective franchisee intends to lease their business premises, they must submit the lease to Bens Soft Pretzels for written approval at least fifteen days before the lease is scheduled to be executed. This requirement ensures that Bens Soft Pretzels has adequate time to review the lease terms and assess whether they align with the company's standards and requirements.
This stipulation is crucial for potential franchisees as it directly impacts their ability to secure a suitable location for their Bens Soft Pretzels store. Failing to submit the lease within the specified timeframe could lead to delays in the approval process, potentially jeopardizing the franchisee's timeline for opening their store. Moreover, franchisees must not sign any lease that has not been approved in writing by Bens Soft Pretzels, highlighting the importance of adhering to this requirement.
Furthermore, the lease must include specific language outlined in the Lease Rider, which is attached to the Franchise Agreement as Schedule C. This rider grants Bens Soft Pretzels certain rights, including the ability to enter the premises for inspections, receive default notices directly from the lessor, and assume the lease under certain circumstances. These provisions are designed to protect Bens Soft Pretzels's interests and ensure the consistent operation and maintenance of its franchised locations.