What agreement is this rider annexed to for Capriottis Sandwich Shop?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
xtent required by the Minnesota Franchises Law, the last paragraph of Section 26 of the Franchise Agreement, as incorporated by reference in Section 11 of the Development Rights Agreement, is deleted.
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- REMEDIES. The following language is added to the end of Section 11 of the Development Rights Agreement
WE AND YOU ACKNOWLEDGE THAT CERTAIN PARTS OF THIS SECTION MIGHT NOT BE ENFORCEABLE UNDER MINN. RULE PART 2860.4400J. HOWEVER, WE AND YOU AGREE TO ENFORCE THE PROVISION TO THE EXTENT THE LAW ALLOWS.
IN WITNESS WHEREOF, each party has caused its duly authorized representative to sign and deliver this Rider on the date first above written.
| Year ending | | |---|---| | 2025 | $993,063 | CAPRIOTTI'S SANDWICH SHOP, INC.
RIDER TO THE CAPRIOTTI'S SANDWICH SHOP, INC. DEVELOPMENT RIGHTS AGREEMENT FOR USE IN NEW YORK
| | December 29, | December 31, | |---|---|---| | 2024 | 2023 | | | Computers and software | $ 547,188 | $ 547,188 | | Furniture and fixtures | 2,045,920 | 1,805,810 | | Leasehold Improvements | 880,128 | 843,819 | | Machinery and equipment | 565,281 | 579,445 | | Automobiles | 24,704 | 24,704 | | Construction-in-process | 542,086 | 36,500 | | Total Cost | 4,605,307 | 3,837,466 | | Less: accumulated depreciation and amortization | (2,853,852) | (2,215,101) | | Property and Equipment, Net | $ 1,751,455 | $ 1,622,365 | [Signature Page Follows]
IN WITNESS WHEREOF, each party has caused its duly auth
Source: Item 23 — RECEIPTS (FDD pages 73–303)
What This Means (2025 FDD)
According to the 2025 Capriottis Sandwich Shop FDD, a rider can be annexed to either the Franchise Agreement or the Development Rights Agreement, depending on the specific situation. For instance, there are riders to the Franchise Agreement for use in Hawaii, Virginia, Maryland, Illinois, and New York. There are also riders to the Development Rights Agreement for use in New York, Rhode Island, North Dakota, Virginia, Minnesota, and Hawaii.
Specifically, the rider's purpose and the agreement it modifies depend on factors such as the franchisee's domicile, the location of the franchised business, and where the franchise offer or sales activity occurred. For example, a rider might be added because the franchisee is domiciled in a particular state like Rhode Island, and the Capriottis Sandwich Shop restaurant will be located there.
In some cases, the rider is annexed to and forms part of the Development Rights Agreement because the franchisee is developing multiple Capriottis Sandwich Shop restaurants in a specific territory. These riders often address legal and jurisdictional matters specific to the state where the development will occur, such as governing law, consent to jurisdiction, and non-waiver provisions related to franchise laws. Therefore, prospective franchisees should carefully review which agreement the rider is attached to, as it will affect their rights and obligations.