What page in the Burros Fries FDD discusses the time limit for opening the Burros Fries business?
Burros_Fries Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 22: CONTRACTS]
B. Time Limit for Opening the Business
The Franchisee shall maintain the Business in accordance with the provisions and requirements of Section 12 hereof, and must secure a lease that has been approved by us (as described in Section 12.S) within eighteen (18) months of the execution of this Franchise Agreement ("Effective Date") and open the Business for operation (the "Opening") within twenty-four (24) months from the date of execution of this Franchise Agreement. Upon Franchisee's failure to meet either of the above requirements; then we may, at our sole discretion, terminate the Franchise and this Agreement and retain all fees paid by Franchisee, without breach of this Agreement by us as specified in Section 23.C. The Opening requires that Franchisee has qualified for and has obtained all necessary licenses and permits needed to sell Products and perform Services. We may, in our discretion, grant Franchisee one sixty (60) day extension past the allotted time within which to secure a lease and/or open the Business.
Source: Item 22 — CONTRACTS (FDD page 53)
What This Means (2024 FDD)
According to the 2024 Burros Fries Franchise Disclosure Document, the time limit for opening a Burros Fries business is discussed in Item 22, Section B.
Specifically, a franchisee must secure a lease approved by Burros Fries within 18 months of the franchise agreement's effective date. The franchisee then has 24 months from the agreement's effective date to open the business for operation.
Failure to meet either of these deadlines allows Burros Fries to terminate the franchise agreement and retain all fees paid by the franchisee. To open, the franchisee must obtain all necessary licenses and permits to sell products and perform services. Burros Fries may grant a one-time 60-day extension for securing a lease or opening the business.