table_specific

Who is the franchisor that signs the receipts for C3 Wellness Spa?

C3_Wellness_Spa Franchise · 2024 FDD

Answer from 2024 FDD Document

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. As set forth in the Franchise Agreement, among other things, A SITE SELECTION AREA IS NOT AN OPERATING TERRITORY, DOES NOT CONSTITUTE THE APPROVAL AS TO ANY SPA Aryes Franchising LLC Name and Title Name (please print) Name (please print)

Source: Item 23 — RECEIPTS (FDD pages 59–293)

What This Means (2024 FDD)

Based on the 2024 C3 Wellness Spa Franchise Disclosure Document, the franchisor that signs the Site Selection Acknowledgment is Aryes Franchising LLC. This acknowledgment is related to identifying a potential location for the franchisee's C3 Wellness Spa. The document states that if Aryes Franchising LLC does not complete the Site Selection Acknowledgment Date and sign the document, it will not be effective.

This Site Selection Acknowledgment is a crucial step in the franchise process, as it outlines a limited period during which the franchisor agrees not to grant another C3 Wellness Spa location within a specific geographic area identified by the franchisee. This period lasts for 60 calendar days from the Site Selection Acknowledgment Date. However, the document explicitly states that this acknowledgment does not grant any territorial rights to the franchisee and is subject to the terms of the Franchise Agreement.

Prospective franchisees should note that the Site Selection Acknowledgment does not guarantee approval of a spa location or grant any operating territory. It merely provides a temporary window for the franchisee to explore a potential site without immediate competition from another franchise within the same system. The Franchise Agreement takes precedence over the Site Selection Acknowledgment in case of any inconsistencies or conflicts.

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.