For Beyond Juicery Eatery, when must the Developer execute a Franchise Agreement after obtaining consent for a Location?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
You must select a Location we approve within one hundred twenty (120) days after the execution of the Franchise Agreement. We may cancel the Franchise Agreement in our sole discretion and option if you fail to select a Location acceptable to us within this timeframe. Any advice we provide and our approval of your Location is not a representation, warranty, or evaluation that we believe or that your Location will be a profitable or successful. You are solely responsible for the financial risks and rewards related to the Location you select. We have no obligation or duty and are not responsible or liable to you for any reason that results from the Location selected by you or the purchase or lease of your Location, all of which could lose money and fail. We have the right to review and consent to your Lease prior to the execution of the Lease and reserve the right to charge you a fee for such review. You represent that the Lease as consented to by us shall be executed by all necessary parties within ten (10) days following receipt of our consent.
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, a prospective franchisee, referred to as the Developer, must select a location that Beyond Juicery Eatery approves within 120 days after the execution of the Franchise Agreement. If the Developer fails to select a location acceptable to Beyond Juicery Eatery within this 120-day timeframe, Beyond Juicery Eatery has the option to cancel the Franchise Agreement.
This clause emphasizes the importance of timely location selection after entering into the Franchise Agreement. The 120-day window provides a defined period for the franchisee to find an appropriate site, but it also places a degree of pressure to act quickly. Failing to secure an approved location within this period can lead to the termination of the agreement, potentially resulting in the loss of any initial fees or investments made.
Beyond Juicery Eatery maintains the right to approve or disapprove a proposed site at its discretion. While the document lists factors that Beyond Juicery Eatery may consider, the final decision rests with the franchisor. This highlights the need for franchisees to work closely with Beyond Juicery Eatery and understand their criteria for site approval. Franchisees should also be aware that Beyond Juicery Eatery's approval does not guarantee the location's profitability or success, as the franchisee bears the ultimate responsibility for the financial outcomes related to the chosen location.
It is also stated that the franchisee represents that the Lease as consented to by Beyond Juicery Eatery shall be executed by all necessary parties within ten (10) days following receipt of their consent. This means that after Beyond Juicery Eatery approves the lease, all parties involved must sign the lease within 10 days.