What specific document outlines the required language to be included in the lease for a Best Brains franchise?
Best_Brains Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, the Franchisee and/or the Franchisee's principals have executed a franchise agreement (the "Franchise Agreement") with Best Brains, Inc., an Illinois corporation (the "Franchisor"), for the operation of a Best Brains business at the Premises, and as a requirement thereof, the Lease for the Premises must include the provisions contained in this Rider; and
WHEREAS, Landlord, Franchisor and the Franchisee agree that the terms contained herein shall supersede any terms to the contrary set forth in the Lease;
NOW THEREFORE, in consideration of mutual covenants set forth herein, the execution and delivery of the Lease, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Landlord, Franchisor and the Franchisee hereby agree as follows:
Under the Franchise Agreement, any lease or any modification or renewal of the Lease for the Premises of the Best Brains business is subject to the Franchisor's approval.
Prior to renewal of a lease, we must review and approve the lease renewal. Our approval of the lease renewal shall be conditioned upon the inclusion of terms in the lease acceptable to Company, including but not limited to those provisions required to be included in a lease for a location as specified in this Agreement.
Source: Item 23 — RECEIPTS (FDD pages 42–190)
What This Means (2025 FDD)
According to Best Brains' 2025 Franchise Disclosure Document, the specific document that outlines the required language to be included in the lease for a Best Brains franchise is a Lease Rider. The Lease Rider is referenced in Item 23 and stipulates that the lease for the premises must include specific provisions outlined within the rider.
The Lease Rider also states that its terms supersede any conflicting terms in the lease. This ensures that the franchisor's interests are protected and that the Best Brains business operates according to their standards. The agreement involves the landlord, the franchisor, and the franchisee, all of whom must agree to the terms outlined in the Lease Rider.
Paragraph 15 of Item 23 states that any lease, modification, or renewal of the lease for the Best Brains business premises is subject to the franchisor's approval. Additionally, prior to lease renewal, Best Brains must review and approve the lease renewal, which is conditional upon the inclusion of terms acceptable to the company, as specified in the franchise agreement. This highlights the importance of the Lease Rider in standardizing lease agreements and protecting the franchisor's interests.