Does the Bens Soft Pretzels Sublease define the term 'Premises'?
Bens_Soft_Pretzels Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS SUBLEASE is made and entered into as of this day of, 20, by and between Ben's Soft Pretzels LLC, an Indiana limited liability company, ("Sublessor"), and and (jointly and severally, and collectively, referred to as "Subtenant"). |
|---|
| W I T N E S S E T H: |
| WHEREAS, Sublessor is the lessee under a certain lease dated, entered into with |
| for |
| approximately |
| square |
| feet |
| located |
| at |
| (the "Premises"), a copy of which is attached hereto as Exhibit |
| A and hereby made a part hereof (the "Lease"); and |
Source: Item 22 — CONTRACTS (FDD pages 46–47)
What This Means (2025 FDD)
According to the 2025 Bens Soft Pretzels Franchise Disclosure Document, the Sublease agreement does define the term "Premises". The Sublease states that the Premises refers to the location that the Sublessor is leasing. The physical location includes the street address and square footage. Exhibit A of the Sublease contains a copy of the original lease.
The Sublease agreement outlines specific conditions regarding the use of the Premises. It states that the location must be used solely for operating a Bens Soft Pretzels store, adhering to the Franchise Agreement's terms. Any alterations or improvements to the Premises require prior written consent from both the Sublessor and the Lessor. The Subtenant is responsible for maintaining insurance coverage as detailed in both the Lease and the Franchise Agreement, naming the Franchisor, Sublessor, and Lessor as additional insured parties.
The Sublease also stipulates that the Subtenant must comply with all applicable statutes, rules, orders, ordinances, and regulations related to the Premises. They must also avoid any actions that could void the insurance, increase the insurance risk, cause structural damage, diminish the value or usefulness of the Premises, or create a public or private nuisance. The Subtenant is required to pay a security deposit to the Sublessor, the amount of which is not specified in this document.