Where can I find the Better Blend Rider to Lease Agreement form?
Better_Blend Franchise · 2024 FDDAnswer from 2024 FDD Document
A. Real Estate. Your business location is subject to our approval and must meet our specifications. You must use reasonable efforts to have your landlord sign our form of Rider to Lease Agreement (attached to this disclosure document as Exhibit D).
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 17–20)
What This Means (2024 FDD)
According to Better Blend's 2024 Franchise Disclosure Document, the Rider to Lease Agreement form can be found as Exhibit D to the disclosure document. Better Blend requires franchisees to use reasonable efforts to have their landlord sign this form. The business location is subject to Better Blend's approval and must meet their specifications.
This requirement means that prospective franchisees do not have complete autonomy in selecting their business location. Better Blend retains the right to approve the location and ensure it meets their standards. Furthermore, franchisees must actively involve their landlord in the process by having them sign the Rider to Lease Agreement, which could potentially add complexity to lease negotiations.
Franchisees should carefully review Exhibit D and understand the implications of the Rider to Lease Agreement before signing a lease. They should also discuss the site selection criteria with Better Blend to ensure they choose a location that is likely to be approved. Understanding these requirements upfront can help avoid potential delays or complications in the process of establishing a Better Blend franchise.