When does the term of the Additional Franchise Reservation Agreement for Beverly Anns Cookie begin?
Beverly_Anns_Cookie Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Additional Franchise Reservation Agreement ("AFR Agreement") is made between Mobile Cookie Company, LLC ("us" or "we") and ("you") is made and entered into, 20 ("Effective Date"). |
|---|
| 1. |
| General Description of Agreement. This AFR Agreement sets out the terms and the conditions |
| under which we will reserve a Beverly Ann's Cookies |
| franchise and territory |
| (each, a "Reserved |
| Business"). |
| a. |
| In order to establish a Beverly Ann's Cookies |
| franchise, you will be required to enter into |
| a Franchise Agreement for the |
| Reserved Business, the form of which will be our then-current form |
| Franchise Agreement then being offered to new Beverly Ann's Cookies |
| franchisees (that |
| form of Franchise |
| Agreement is referred to in AFR Agreement |
| as the "Franchise Agreement"). |
| b. |
| You acknowledge and represent to us that you understand that this AFR Agreement |
| is not |
| a Franchise Agreement, and that you have no right to open a Beverly Ann's |
| Business |
| under this AFR |
| Agreement. |
| You will be permitted to open a Beverly Ann's Cookies |
| franchise |
| only if: (a) we approve you |
| to do so; (b) you and we sign a Franchise Agreement; and (c) you pay us all applicable initial fees that are |
| due under the Franchise Agreement. |
| 2. |
| Term. |
| The term of this AFR Agreement shall commence on the Effective Date and, unless |
| otherwise negotiated, terminated or extended as provided herein, shall continue until the earlier of (i) the |
| Expiration Date |
| (as defined in Section 5), or (ii) the date of execution of the Franchise Agreement for the |
| Reserved Business ("Term"). |
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to Beverly Anns Cookie's 2025 Franchise Disclosure Document, the term of the Additional Franchise Reservation Agreement (AFR Agreement) begins on the "Effective Date". The AFR Agreement is made between Mobile Cookie Company, LLC and the franchisee and entered into on the specified Effective Date.
The AFR Agreement outlines the terms and conditions under which Beverly Anns Cookie will reserve a franchise and territory for the franchisee. This agreement is not a franchise agreement and does not grant the franchisee the right to open a Beverly Anns Cookie business.
The franchisee is only permitted to open a Beverly Anns Cookie franchise if Beverly Anns Cookie approves, both parties sign a Franchise Agreement, and the franchisee pays all applicable initial fees due under the Franchise Agreement. The term of the AFR Agreement continues until the earlier of the Expiration Date or the date of execution of the Franchise Agreement for the Reserved Business.