Does the collateral for a Beyond Juicery Eatery franchise include customer lists?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
24.09 You grant us a continuing security interest in the Collateral listed in this section to secure the payment of all fees and other amounts due to us and to secure your full performance under this Agreement.
A.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the collateral for a Beyond Juicery Eatery franchise includes items to secure the franchisee's payment of fees and full performance under the Franchise Agreement. While the FDD excerpt mentions a security interest in collateral, it does not specifically list customer lists as part of that collateral.
Typically, franchise agreements detail exactly what assets the franchisor can claim as collateral in case of franchisee default. This could include equipment, inventory, and other business assets. The absence of explicit mention of customer lists suggests they may not be included, but it is important to verify this directly.
A prospective Beyond Juicery Eatery franchisee should ask the franchisor for a comprehensive list of all items included as collateral. Understanding exactly what assets are at risk is crucial for assessing the financial implications of the franchise agreement.