factual

What specific section of the Big O Tires plan is stricken in its entirety in Alaska?

Big_O_Tires Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Section 6.05 of the Agreement is deleted in its entirety and the following is inserted in its place:
    • 6.05 Commencement of Business. Franchisee's Big O Store shall be considered to have commenced operation as of the Commencement Date of this Agreement. All modifications required to bring the Premises into compliance with the standards and specifications of Big O must be undertaken and completed in accordance with the phasein schedule set forth in Schedule A, attached hereto, or, if no schedule is set forth in Schedule A, must be undertaken and completed within six (6) months of the Commencement Date of this Agreement.

Source: Item 23 — RECEIPTS (FDD pages 102–535)

What This Means (2025 FDD)

Based on the 2025 Big O Tires Franchise Disclosure Document, Section 6.05 of the franchise agreement, regarding the commencement of business, is entirely deleted and replaced for franchisees in Alaska. The original section is replaced with a clause stating that the Big O store is considered to have commenced operation as of the agreement's commencement date. It also stipulates that all modifications needed to meet Big O's standards must be completed according to the phase-in schedule in Schedule A, or within six months of the commencement date if no schedule is specified.

This modification means that Big O Tires franchisees in Alaska will have a different set of rules regarding when their business is considered to have commenced operations and the timeline for completing necessary modifications to their premises. This could affect the franchisee's obligations and deadlines related to opening and operating their store.

Prospective franchisees should carefully review Schedule A of the franchise agreement to understand the specific phase-in schedule for modifications, if any, applicable to their location. They should also clarify with Big O Tires what constitutes the 'Commencement Date' of the agreement, as this date triggers the commencement of business and the timeline for required modifications. Understanding these details is crucial for Alaskan franchisees to ensure they meet all obligations and avoid potential breaches of the franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.