What documents are essential to the operation of all C3 Wellness Spa Location Franchises?
C3_Wellness_Spa Franchise · 2024 FDDAnswer from 2024 FDD Document
ch of the undersigned has executed this Agreement as of the date or dates set forth below.
| Individual Signature of Restricted Party | Individual Signature of Restricted Party | ||
|---|---|---|---|
| Name (please print) | Name (please print) | ||
| Date: | Date: | ||
| Individual Signature of Restricted Party | Individual Signature of Restricted Party | ||
| Name (please print) | Name (please print) | ||
| Date: | Date: |
Franchise Agreement – Exhibit 3 Site Selection Acknowledgment
C3 Wellness SITE SELECTION ACKNOWLEDGMENT
(THIS DOCUMENT DOES NOT CONSTITUTE THE APPROVAL OF A SPA LOCATION, DOES NOT GRANT OR DESIGNATE AN OPERATING TERRITORY AND DOES NOT GRANT ANY TERRITORIAL RIGHTS)
any third party the license or right to establish an C3 Wellness area constituting the Site Selection Area, as such term is defined in the Franchise Agreement: Pursuant to and subject to the terms of the Franchise Agreement dated by and between Aryes Franchising LLC, as Franchisor, and, as Franchisee (the "Franchise Agreement"), Franchisee has identified a potential area in which Franchisee may seek to identify a potential spa for Franchisee's C3 Wellness. Based on Franchisee's request, Franchisor agrees that during the limited period of time that commences on the Site Selection Acknowledgment Date and automatically expires 60 calendar days after the Site Selection Acknowledgment Date, that Franchisor shall not grant to Location within the following geographic Site Selection Area: [Must be completed by Franchisor] Franchise Agreement including, but not limited to Article 1 LOCATION AND DOES NOT AFFORD FRANCHISEE ANY TERRITORIAL RIGHTS. The terms contained in this Site Selection Acknowledgment shall have the meaning set forth in the and Article 2 of the Franchise Agreement. In the event of any inconsistency or conflict between this Site Selection Acknowledgment and the terms of the Franchise Agreement, the terms of the Franchise Agreement shall take precedence and govern. If Franchisor does not complete the Site Selection Acknowledgment Date and sign this Site Selection Acknowledgment, then this Site Select Addendum shall not be effective and there shall be no Site Selection Area.
Source: Item 23 — RECEIPTS (FDD pages 59–293)
What This Means (2024 FDD)
Based on the 2024 C3 Wellness Spa Franchise Disclosure Document, several agreements and documents are crucial for operating a C3 Wellness Spa Location Franchise. The Franchise Agreement itself is fundamental, outlining the relationship between the franchisee and Aryes Franchising LLC, the franchisor. This agreement grants the franchisee the right to operate a spa under the C3 Wellness brand and System.
Additionally, the Site Selection Acknowledgment is important during the initial phase, as it defines a limited period (60 calendar days) during which the franchisor will not grant another franchise in a specific geographic area while the franchisee identifies a potential spa location. However, this document explicitly states that it does not grant any territorial rights and is subject to the terms of the Franchise Agreement.
Other essential documents include the Lease Agreement Rider, which likely contains specific terms related to leasing the spa facility, and the Collateral Assignment of Lease, which is attached as Exhibit 5. Furthermore, franchisees must adhere to the standards and procedures outlined in the Operations Manual, which contains critical Know-How related to the System. Franchisees must also execute the franchisor's current standard Franchise Agreement for each C3 Wellness Spa they own, develop, and open for business in a Development Area.