What exhibit contains the Franchise Agreement for Cd One Price Cleaners?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
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EXHIBIT B-2
SATELLITE STORE ADDENDUM
CLEANERS DEPOT FRANCHISE, LLC SATELLITE STORE ADDENDUM
This Satellite Store Addendum (the "Addendum") with an effective date of , 202 (the "Effective Date"), is made by and between Cleaners Depot Franchise, LLC, a Nevada limited liability company, with its principal place of business at One Mid America Plaza, Suite 125, Oakbrook Terrace, Illinois 60181 ("Franchisor"), and , with a principal place of business at ("Franchisee"). R E C I T A L S: A. Simultaneously with signing this Addendum, Franchisor and Franchisee are signing the Franchise Agreement effective as of the Effective Date under which Franchisor is granting Franchisee a franchise to develop and operate a satellite CD Store located at (the "Store") under the Proprietary Marks and Operating Plans (together with all addenda, riders, amendments, and modifications thereto, collectively, the "Franchise Agreement"). All initial capitalized terms used but not defined in this Addendum shall have the meanings set forth in the Franchise Agreement. B. Franchisee or Franchisee's affiliate (as applicable, called the "Plant Store Operator" for purposes of this Addendum) operates a full-production CD Store at (the "Plant Store") under a Franchise Agreement dated as of , 20 between Franchisor and the Plant Store Operator (together with all addenda, riders, amendments, and modifications thereto, collectively, the "Plant Store Franchise Agreement"). C. Franchisee has requested the right to develop and operate the Store under the Franchise Agreement as a satellite store with production support from the Plant Store, and Franchisor has agreed to grant those rights in accordance with the terms and conditions of this Addendum. NOW, THEREFORE, in consideration of the mutual covenants and agreements contained in this Addendum and in the Franchise Agreement and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows: 1. Operation as a Satellite Store. Franchisor and Franchisee acknowledge and agree that the Store is not required nor permitted to contain dry cleaning machines, pressing equipment and this Addendum.
and related equipment that Franchisor specifies (collectively, the "Dry Cleaning Equipment") and, without the Dry Cleaning Equipment, the Store cannot provide the dry cleaning, related processing and other production services of a full-production CD Store from the Store's premises. Franchisee shall use the Store to collect and return garments and otherwise operate as a "satellite store," in accordance with the provisions of this Addendum and the Franchise Agreement. Franchisee agrees that it is not authorized to install Dry Cleaning Equipment at the Store or otherwise to operate the Store as a full production/plant CD Store under the Franchise Agreement
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- Relationship with Plant Store.
Source: Item 22 — Contracts (FDD page 72)
What This Means (2025 FDD)
According to the 2025 FDD, the exhibits related to the Franchise Agreement for Cd One Price Cleaners are detailed in Item 22, which covers contracts. While the specific exhibit number for the standard Franchise Agreement isn't explicitly stated, several addenda to the Franchise Agreement are referenced with their exhibit numbers.
Exhibit B-2 contains the Satellite Store Addendum, which modifies the standard Franchise Agreement for satellite store locations. This addendum outlines the specific terms and conditions for operating a satellite CD Store, particularly concerning production support from a full-production plant store. Exhibit B-3 includes the Pickup and Delivery (PUD) Addendum, which details the terms for providing pickup and delivery services under the CD One Price Cleaners brand. This addendum covers aspects such as branding, vehicle standards, and insurance requirements for PUD services.
Exhibit B is the Form of Guaranty. This document ensures that guarantors will uphold the franchisee's obligations under the Franchise Agreement. Exhibit E contains the financial statements for Cleaners Depot Franchise, LLC. While the FDD excerpts do not explicitly list the exhibit containing the standard Franchise Agreement, it is common practice for franchisors to include the full agreement as an exhibit within the FDD. A prospective franchisee should confirm with Cd One Price Cleaners which exhibit contains the complete Franchise Agreement to fully understand their rights and obligations.