In the Form Lease for Capriottis Sandwich Shop, what is the definition of 'Premises'?
Capriottis_Sandwich_Shop Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Permitted Use. The Premises are leased to Tenant for the operation of a franchised restaurant which sells submarine sandwiches and associated food products. The Tenant may also use the Premises for promotions, celebrations, meetings, and other group functions where Tenant's services and products will be offered or sold.
Source: Item 22 — CONTRACTS (FDD page 73)
What This Means (2025 FDD)
According to the 2025 FDD, the Form Lease defines 'Premises' as the location leased to the tenant for operating a franchised Capriottis Sandwich Shop restaurant. This includes selling submarine sandwiches and associated food products.
In addition to sales, the franchisee can also use the Premises for promotions, celebrations, meetings, and other group functions where the franchisee's services and products are offered or sold. This allows the franchisee flexibility in how they utilize the space to engage with customers and build their business.
This definition is important for prospective franchisees as it clarifies the scope of permitted activities within the leased space. It ensures that the franchisee understands they are primarily operating a restaurant but also have the ability to host events and promotions to enhance their business.