When is the security deposit due from a Ben's Soft Pretzels sublicensee?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
enant's sole cost and expense, all insurance in the form and amounts described in the Lease and the Franchise Agreement, and naming Franchisor, Suble
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to Ben's Soft Pretzels' 2025 Franchise Disclosure Document, a subtenant is required to pay a security deposit to the sublessor concurrently with the signing of the sublease. The exact amount of the security deposit is not specified in the provided excerpt but is indicated by a blank space in the document.
This means that a new Ben's Soft Pretzels franchisee who is subleasing their premises must be prepared to pay the security deposit at the same time they sign the sublease agreement. This is a fairly standard practice in leasing agreements, as the security deposit protects the sublessor against potential damages or unpaid rent during the term of the sublease.
Prospective franchisees should carefully review the sublease agreement to determine the exact amount of the required security deposit and ensure they have sufficient funds available at the time of signing. It would be prudent to clarify this amount with Ben's Soft Pretzels prior to signing any agreements.