How quickly after signing a lease must a Best Brains franchisee provide a copy to the franchisor?
Best_Brains 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 2. 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. You must not lease or sublet all or any part of your business premises to others or use any portion of the premises for any purpose other than conducting business pursuant to your Franchise Agreement without our prior written consent. You must not sign or agree to any modification of the lease without our prior approval. You must agree that any new, amended, restated, extended or renewed lease for the location will include the above terms and conditions required to be included in a lease for a location. If you want to relocate, you must notify us in writing 60 days before the relocation. We reserve the right to refuse to approve a proposed relocation if we believe that the proposed relocation is for any reason not acceptable to us. Our judgment may be based on factors such as the proximity to existing or proposed locations owned by other franchisees or us, the suitability of the proposed facilities, compliance with our then current franchise location requirements, the competitiveness within the market place or other factors. We recommend that you employ the services of a real estate attorney for legal advice regarding the terms of the lease. (Franchise Agreement - Sections 5.C and D.)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 23–28)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, a franchisee must provide a copy of the signed lease to Best Brains immediately after signing it. The lease must also be in the form and manner required by Best Brains, and the franchisee must not sign any lease that hasn't been approved in writing by Best Brains.
To ensure compliance, a Best Brains franchisee must submit the lease to Best Brains for written approval at least fifteen days before it is scheduled to be executed. The lease must include specific language outlined in the Lease Rider, which is attached to the Franchise Agreement as Schedule 2.
The lease terms must grant Best Brains, its agents, or designees the right to enter the premises for inspections during regular business hours, receive default notices directly from the lessor, and assume the lease if the franchisee defaults, is evicted, or if the Franchise Agreement expires or is terminated. The franchisee is prohibited from leasing or subletting any part of the business premises or using it for any purpose other than conducting business under the Franchise Agreement without prior written consent from Best Brains. Any modifications to the lease also require prior approval. Furthermore, any new, amended, restated, extended, or renewed lease must include these terms and conditions.