What is the 'Property Control Date' for a Carls Jr. franchise development?
Carls_Jr Franchise · 2025 FDDAnswer from 2025 FDD Document
No later than 9 months after CJR's written acceptance of the site, Developer shall deliver to CJR a fully-signed lease or sublease for the Authorized Site (defined below) or proof of Developer's purchase of such site.
The effective date of the lease or sublease, or the closing day of the purchase of the real property, shall be the "Property Control Date".
Source: Item 23 — RECEIPTS (FDD pages 76–364)
What This Means (2025 FDD)
According to Carls Jr.'s 2025 Franchise Disclosure Document, the Property Control Date is defined as the effective date of the lease or sublease, or the closing day of the purchase of the real property for the authorized site. This date is a key milestone in the development schedule for a Carls Jr. franchise.
Specifically, the developer must provide Carls Jr. with a fully-signed lease or sublease, or proof of purchase for the site, no later than 9 months after Carls Jr.'s written acceptance of the site. The date the lease becomes effective or the property purchase closes is then designated as the Property Control Date.
This requirement ensures that the franchisee has secured the location necessary to proceed with the development of the Carls Jr. restaurant. Failing to meet this deadline can be considered a breach of the development agreement. Franchisees should pay close attention to these timelines to maintain compliance with the franchise agreement.