factual

Where can I find information about the development and construction of the Burros Fries business?

Burros_Fries Franchise · 2024 FDD

Answer from 2024 FDD Document

Franchisee assumes all costs, liability, expense, and responsibility for locating, obtaining and developing a site for the Franchise Business to be established under the Franchise Agreement and for equipping the Business at such premises. A typical Burros & Fries Business has approximately 2,500- 3,000 square feet of space. The space must be enclosed and separate from other businesses with its own locking door. Franchisee may buy or lease the required real property and improvements from any source and on terms approved by us in writing. Franchisee may not sign a lease (or a contract to purchase the premises, if applicable) for the Business until Franchisee has obtained our written approval. Franchisee must not invest any monies for a site in which Franchisee wishes to open a Business until Franchisee has obtained our written approval for the site which will be made by email or any other form of written communication. On the execution of any lease for the Franchise Business, Franchisee will deliver to us a copy of the executed lease and an option to assume the lease executed by the lessor in favor of us in a form acceptable to us. All improvements to the Business must be approved by us.

FRANCHISEE ACKNOWLEDGES THAT OUR ACCEPTANCE OF A PROSPECTIVE SITE AND THE RENDERING OF ASSISTANCE IN THE SELECTION OF A SITE DOES NOT CONSTITUTE A REPRESENTATION, PROMISE, WARRANTY, OR GUARANTEE BY US THAT A BURROS & FRIES FRANCHISE OPERATED AT THAT SITE WILL BE PROFITABLE OR OTHERWISE SUCCESSFUL.

Franchisee acknowledges that we have spent considerable amount of time choosing and creating the décor and outfitting Burros & Fries Businesses. It is part of our trade dress. Franchisee acknowledges and agrees that the design, layout and other characteristics of the Business constitute and/or contain

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2024 FDD)

According to the 2024 Burros Fries Franchise Disclosure Document, Item 22 discusses site selection and the franchisee's responsibilities in developing the location. The franchisee is responsible for all costs associated with finding, securing, and developing the site for their Burros Fries franchise.

The FDD specifies that a typical Burros Fries location requires approximately 2,500 to 3,000 square feet of enclosed space with a separate, lockable entrance. Franchisees have the option to either buy or lease the property, but any lease or purchase agreement is subject to written approval from Burros Fries. Furthermore, franchisees must obtain written approval from Burros Fries before investing any money into a potential site.

Burros Fries must also approve all improvements made to the location. The franchisor emphasizes that their acceptance of a site and any assistance they provide in site selection does not guarantee the profitability or success of the franchise at that location. The FDD also notes that the design, layout, and characteristics of the Burros Fries business are considered confidential and trade secrets, meaning franchisees must maintain the business according to the franchisor's standards.

Disclaimer: This information is extracted from the 2024 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.