Does Burros Fries currently own the site and lease it back to the franchisee?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
Before you open your Business, we will:
(1) Provide you with written guidelines for site selection. You must, on your own initiative and atyour own expense locate, obtain and occupy the site and negotiate the lease for your Business. You must select the site for your Business within the protected territory provided in the Franchise Agreement. We currently do not own the site and lease it back to you; however, we retain the rights in the future to do so. You may not sign a lease for the site (or contract to purchase the premises, if applicable) in which you wish to operate your Business until you have obtained our written approval. Additionally, you must not invest any money for the site in which you have not received our written approval. We must accept the site if we feel in our total discretion that it meets or exceeds our standards, but our acceptance does not ensure that your Business will be profitable at the approved location. If we do not approve the site, you will be given a second opportunity to locate a site. If we do not approve the second site, we may terminate the Franchise. The factors that we consider in acceptance of the site include: population density, demographics, traffic patterns, convenience, adequate parking, safety, zoning ordinances, neighborhood and physical characteristics of the premises such as size and layout. We evaluate each proposed site and accept or reject each one on a case-by-case basis and will notify you by email or any other form of written communication of our acceptance or rejection of any proposed site within thirty (30) days after we receive your request
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 27–38)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, Burros Fries does not currently own the site and lease it back to the franchisee. However, Burros Fries retains the right to do so in the future.
The franchisee is responsible for locating, obtaining, and occupying the site for their Burros Fries business, as well as negotiating the lease. The site must be within the protected territory outlined in the Franchise Agreement, and the franchisee must obtain written approval from Burros Fries before signing a lease or investing any money in the site.
Burros Fries will provide written guidelines for site selection and will evaluate each proposed site based on factors such as population density, demographics, traffic patterns, convenience, parking, safety, zoning ordinances, and the physical characteristics of the premises. The franchisee will be notified of the approval or rejection of the site within thirty days. If the first site is not approved, the franchisee will have a second opportunity to locate a site; failure to get the second site approved may result in termination of the franchise agreement.