factual

What page in the Burros Fries FDD discusses the relationship of the parties involved?

Burros_Fries Franchise · 2024 FDD

Answer from 2024 FDD Document

[Item 22: CONTRACTS]

FRANCHISE AGREEMENT

PARTIES

THIS FRANCHISE AGREEMENT ("Agreement") is made by and between Burros & Fries Franchise, Inc, a California corporation, hereinafter sometimes referred to as "Burros & Fries" or "Franchisor" and that party or parties described as the Franchisee in this Agreement and on the signature line, hereinafter known as "you" or "Franchisee." If the Franchisee is a corporation or limited liability company, partnership or other entity, certain provisions of this Agreement also apply to your shareholders, members, partners or owners. Any such entity may be referred to as an "Entity" and those who own the Entity may be referred to as "Owners." For ease of reference, Burros & Fries, Inc., will also be referred to as "we," "us" or "our" in this Agreement. The persons signing as Franchisee, Owners or Guarantors will also be referenced to herein individually as "you" or "yours" or collectively as "Franchisee." The parties hereto are entering into this Agreement to evidence the agreement and understanding between the parties as follows:

RECITALS

WHEREAS, We have devised a uniform system for the establishment and operation of a Burros & Fries restaurant that serves a variety of sandwiches, plates and salads and beverages (such as carbonated drinks, juices, teas and bottled water) for lunch and dinner and made fresh daily using proprietary recipes with an operational emphasis on quality and superior service (the "System") either within a shopping center or free-standing structure. You may sell novelty items and other products approved by us (hereinafter referred to as "Products"), as well as offering catering services (the "Services") (hereinafter referred to as the "Business," "Franchise Business," "Franchised Business," "Franchise" or "Burros & Fries Restaurant;"

Source: Item 22 — CONTRACTS (FDD page 53)

What This Means (2024 FDD)

According to the 2024 Burros Fries Franchise Disclosure Document, the relationship between the parties involved in the franchise agreement is discussed on page 59. Specifically, this page introduces the agreement between Burros & Fries Franchise, Inc., as the Franchisor, and the franchisee.

The document defines the terms used to refer to both parties throughout the agreement, such as "Burros & Fries" or "Franchisor" for Burros & Fries Franchise, Inc., and "you" or "Franchisee" for the franchisee. It also clarifies that if the franchisee is a corporation, LLC, partnership, or other entity, certain provisions of the agreement apply to the entity's owners. This section aims to establish a clear understanding of who the parties are and how they will be referenced in the rest of the document.

Furthermore, the document includes recitals that outline the background and purpose of the agreement. It acknowledges that Burros Fries has developed a uniform system for operating a restaurant, emphasizing quality and service. It also states that the franchisee will operate the Burros Fries restaurant using this system, offering approved products and services. This section sets the stage for the specific terms and conditions that govern the franchise relationship.

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.