factual

Who is considered the 'Landlord' in the 'THIS AGREEMENT REGARDING LEASED LOCATION BY TENANT' for Brueggers Bagels?

Brueggers_Bagels Franchise · 2025 FDD

Answer from 2025 FDD Document

LANDLORD: BRUEGGER'S FRANCHISE CORPORATION TENANT:

EXHIBIT "A" to AGREEMENT REGARDING LEASED LOCATION BY TENANT

Source: Item 22 — CONTRACTS (FDD page 61)

What This Means (2025 FDD)

According to the 2025 Brueggers Bagels Franchise Disclosure Document, in the 'AGREEMENT REGARDING LEASED LOCATION BY TENANT', the Landlord is identified as BRUEGGER'S FRANCHISE CORPORATION. This agreement outlines the relationship between Brueggers Bagels (as the Franchisor), the Tenant (the franchisee), and the Landlord concerning the leased location.

This arrangement is notable because Brueggers Bagels, as the franchisor, is directly involved in the leasing agreement, which is not always typical in franchising. Usually, the franchisee would directly negotiate the lease with a third-party landlord. This setup could give Brueggers Bagels more control over site selection and lease terms, potentially benefiting franchisees by securing favorable conditions or preferred locations.

However, it also means that prospective franchisees need to carefully review the terms of this agreement to understand their rights and obligations, as well as those of Brueggers Bagels and the actual property owner. It is important to understand the conditions under which Brueggers Bagels might assign the lease or enter into a new lease with another party, and how this might affect the franchisee's operation of the Brueggers Bagels location. Franchisees should seek legal counsel to fully understand the implications of this trilateral 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.