Before signing the lease for the Site, what must a Cd One Price Cleaners franchisee do?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
ite, demographic and/or other factors included in or excluded from Franchisor's site criteria could change, thereby altering a site's potential. The uncertainty and instability of these criteria are beyond Franchisor's control, and Franchisor is not responsible for the failure of the Site to meet Franchisor's or Franchisee's expectations.
- 1.2.2 Franchisee agrees to present the lease for the Site (the "Lease") to Franchisor for Franchisor's prior written acceptance before Franchisee signs it (if Franchisee is not the fee simple owner of the Site and Store premises). After negotiating the Lease terms with the Site's owner or lessor, Franchisee shall present the ready-to-besigned Lease to Franchisor for its review and acceptance. Franchisee shall ensure that such Lease includes such standard lease terms as Franchisor may require in writing from time to time, including, without limitation, the lease terms described in Section 6.10. After receiving a copy of a proposed Lease in form for execution, Franchisor shall have the sole right to accept, accept with modifications or refuse to accept such proposed Lease, and Franchisee acknowledges and agrees that Franchisor shall have no liability therefor, provided that Franchisor shall not unreasonably withhold its acceptance of a proposed Lease that contains the standard lease terms that Franchisor periodically specifies. Franchisor agrees to use commercially reasonable efforts to deliver such notification to Franchisee within fifteen (15) days after receiving the proposed Lease. Franchisee agrees that it will not execute a Lease without Franchisor's the prior written acceptance of the Lease.
Franchisee acknowledges that Franchisor's acceptance of the Lease is not a representation or warranty of any kind, express or implied, of the suitability of the Lease. Franchisor's acceptance indicates only that Franchisor believes that the Lease meets, or Franchisor has waived, the general criteria of acceptability that Franchisor has established as of that time. Simultaneously with signing the Lease, Franchisee and the Site's owner or lessor shall sign the Rider to Lease and Collateral Assignment attached as Exhibit B.
Franchisee shall deliver to Franchisor a copy of the fully signed Lease as previously accepted within five (5) days after its full execution. Franchisee shall not execute or agree to any modification of the Lease without Franchisor's prior written acceptance.
Source: Item 23 — Receipts (FDD pages 72–263)
What This Means (2025 FDD)
According to Cd One Price Cleaners's 2025 Franchise Disclosure Document, if a franchisee is not the fee simple owner of the site and store premises, they must present the lease to Cd One Price Cleaners for prior written acceptance before signing it. After negotiating the lease terms with the site's owner or lessor, the franchisee must present the ready-to-be-signed lease to Cd One Price Cleaners for review and acceptance.
The franchisee must ensure that the lease includes standard lease terms as Cd One Price Cleaners may require in writing from time to time, including the lease terms described in Section 6.10. Cd One Price Cleaners has the sole right to accept, accept with modifications, or refuse to accept the proposed lease, and will use commercially reasonable efforts to deliver notification to the franchisee within fifteen days after receiving the proposed lease.
The franchisee agrees that it will not execute a lease without Cd One Price Cleaners's prior written acceptance of the lease. Cd One Price Cleaners's acceptance of the lease is not a representation or warranty of any kind, express or implied, of the suitability of the lease. Simultaneously with signing the lease, the franchisee and the site's owner or lessor must sign the Rider to Lease and Collateral Assignment attached as Exhibit B. The franchisee must deliver to Cd One Price Cleaners a copy of the fully signed lease as previously accepted within five days after its full execution and must obtain a fully-signed Lease (in a form which Cd One Price Cleaners has accepted) within thirty days after the date of the Franchise Agreement.