For a Cd One Price Cleaners franchise, what is the 'Prime Lease' defined as?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT A
PRIME LEASE
(See Attached)
Source: Item 23 — Receipts (FDD pages 72–263)
What This Means (2025 FDD)
According to the 2025 Cd One Price Cleaners FDD, Exhibit A refers to the Prime Lease. The document includes an exhibit labeled "PRIME LEASE (See Attached)." This suggests that the Prime Lease is a separate document attached as part of the franchise agreement.
For a prospective franchisee, this means the actual terms and conditions of the Prime Lease are not detailed directly within the main body of the FDD but are available for review in the attached exhibit. It is crucial for the franchisee to carefully examine this attached lease to understand their obligations and the franchisor's rights related to the property.
Since the full details of the Prime Lease are in the attached exhibit, a potential franchisee should thoroughly review it, seek legal counsel, and clarify any ambiguities with Cd One Price Cleaners before signing the franchise agreement. Understanding the terms of the Prime Lease is essential for the franchisee's operational and financial planning.