What is the significance of the Commencement Date in the Area Development Agreement for Beyond Juicery Eatery?
Beyond_Juicery_Eatery Franchise · 2025 FDDAnswer from 2025 FDD Document
| 3. | Development Fee. | The Development Fee for this Area Development Agreement is Dollars ($). |
|---|---|---|
| 4. | Notice: sent to the following addresses: | Notices pursuant to Section 14 of the Area Development Agreement shall be |
| if to Developer or any Principal: | ||
| Facsimile No.: | ||
| if to us: | Beyond Juicery + Eatery Franchising, LLC 876 Horace Brown Drive, Suite 100 Madison Heights, Michigan 48071 | |
| with a copy to: (does not constitute notice) | Michael J. Cole Fahey Schultz Burzych Rhodes PLC 4151 Okemos Road Okemos, MI 48864 Facsimile No.: (517) 381-5051 | |
| 5. | Commencement Date. , 20 | The Commencement Date of the Area Development Agreement is |
Source: Item 23 — RECEIPTS (FDD pages 60–337)
What This Means (2025 FDD)
According to Beyond Juicery Eatery's 2025 Franchise Disclosure Document, the commencement date is a key element of the Area Development Agreement. The specific date is recorded in the agreement to mark when the agreement officially begins.
Beyond Juicery Eatery requires this date for administrative and tracking purposes, as it likely triggers various obligations and deadlines outlined in the agreement. This includes the developer's schedule for opening restaurants in the designated territory.
While the excerpt does not elaborate on specific consequences tied to the commencement date, it is a standard practice to include such a date in franchise agreements to establish a clear timeline for both parties. Prospective franchisees should pay close attention to this date and understand all associated obligations.