What is the Browns Chicken Sublessee required to pay as minimum rental for the Premises?
Browns_Chicken Franchise · 2025 FDDAnswer from 2025 FDD Document
lessee hereby leases from Sublessor 2. The term of this Sublease (hereinafter the "Term") shall commence on , 20 (hereinafter the "Commencement Date"), and shall continue for a period of () years, terminating on , 20 , which date is at least one (1) day prior to the Commencement Date and each anniversary thereof. expiration of the Lease, unless sooner term
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to Browns Chicken's 2025 Franchise Disclosure Document, the minimum rental payment terms for a sublessee are outlined in the sublease agreement. The sublessee will pay the sublessor a specified sum of dollars as minimum rental for the premises. This amount is referred to as "Base Rent." The exact dollar amount of the Base Rent is not specified in this excerpt.
The Base Rent is payable in twelve equal monthly installments. These payments are due in advance on the first day of each calendar month during the term of the sublease. The payments must be made without any set-off or deduction.
Prospective Browns Chicken franchisees should carefully review the specific sublease agreement for their location to determine the exact amount of the base rent. They should also confirm the commencement date and termination date of the sublease, as these dates define the period during which the rent payments are required. Understanding these terms is crucial for managing the financial obligations associated with operating a Browns Chicken franchise.