In the release provided to Casa De Corazon, who is considered the 'Franchisee'?
Casa_De_Corazon Franchise · 2025 FDDAnswer from 2025 FDD Document
r as of the date indicated The Initial Franchise Fee is: $ above. If corporation, limited liability company, or partnership: CASA FRANCHISING, LLC [INSERT FRANCHISEE NAME] If individual:
GUARANTY
IN CONSIDERATION of the [INSERT ONE/DELETE REMAINING ONE] [grant by Casa Franchising, LLC ("Franchisor") of a Casa de Corazon franchise to the party named as Franchisee in the Franchise Agreement (the "Franchisee") to which this Guaranty is attached (the "Franchise Agreement")] OR [consent by Casa Franchising, LLC ("Franchisor") to the assignment of the Franchise Agreement to which this Guaranty is attached (the "Franchise Agreement") to the assignee and party named as the Franchisee in the Franchise Agreement ("Franchisee")], and for other good and valuable consideration, receipt of which is hereby acknowledged, the undersigned hereby guarantee to Franchisor and to Franchisor's successors and assigns: (a) the payment of all amounts to be paid to Franchisor or its affiliates by the Franchisee, whether such amounts are provided for in the Franchise Agreement or under any other agreement between Franchisee and Franchisor or an affiliate of Franchisor; and (b) the performance by Franchisee of all its obligations under all such agreements, and under all manuals and operating procedures of Franchisor's business system. The undersigned further specifically agree to [be/remain] individually bound by all covenants, obligations and commitments of Franchisee contained in the Franchise Agreement and such other agreements [to the same extent as if each of the undersigned had individually been named as Franchisee in the Franchise Agreement and such other agreements, and the undersigned had individually executed the Franchise Agreement and such other agreements].
Source: Item 22 — CONTRACTS (FDD page 51)
What This Means (2025 FDD)
According to Casa De Corazon's 2025 Franchise Disclosure Document, the 'Franchisee' is defined as the party that Casa Franchising, LLC grants a Casa de Corazon franchise to, as outlined in the Franchise Agreement. This party is responsible for the payment of all amounts due to the Franchisor or its affiliates, as stipulated in the Franchise Agreement or any other agreement between the Franchisee and Franchisor. Additionally, the Franchisee is obligated to fulfill all requirements outlined in these agreements, including adherence to the Franchisor's manuals and operating procedures.
Furthermore, the Franchisee is bound by all covenants, obligations, and commitments detailed in the Franchise Agreement and other related agreements, as if they were individually named in those documents. This underscores the individual responsibility and liability of the Franchisee in upholding the terms of the franchise. The Franchisee also acknowledges that a Statement of Ownership and Management applies to the Casa De Corazon Franchise Agreement and must notify the Franchisor of any changes to the information provided in that statement.
In practical terms, this means that anyone considering a Casa De Corazon franchise should understand that they will be personally responsible for all financial and operational aspects of the franchise. They must be prepared to meet all obligations outlined in the Franchise Agreement and related documents, and to operate the franchise in accordance with the Franchisor's standards and procedures. This includes maintaining accurate records, making timely payments, and adhering to the Franchisor's guidelines for operating a Casa de Corazon early childhood learning center.