What is the 'Store' referring to in the Cd One Price Cleaners franchise agreement?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
D. Franchisee desires to enter into the business of operating a CD Store utilizing the Operating Plans and using the Proprietary Marks at the location specified herein (the "Store") and wishes to enter into an agreement with Franchisor for that purpose, and to receive the training and other assistance provided by Franchisor in connection therewith, pursuant to the terms of this Agreement.
A.
Franchisor and Franchisee (or its predecessor) signed a certain Franchise Agreement effective as of __________________________ (together with all addenda, riders, amendments, and modifications thereto, collectively, the "Former Agreement") granting Franchisee the right to operate a fixed-location retail dry cleaning store under the CD One Price Cleaners® name located at ________________________________________________ (the "Store").
If Franchisor or one of its affiliates is the fee simple owner or prime lessee of the Site and/or Store, then simultaneously with signing this Agreement, Franchisee shall sign the form of lease or sublease that Franchisor specifies pursuant to which Franchisee shall lease or sublease the Site and/or Store from Franchisor or such affiliate.
- 1.2.3 The Site shall not be changed without Franchisor's prior written acceptance of the new Site, which acceptance may be subject to, among other requirements, fulfillment of all obligations in this Agreement and/or that Franchisor then specifies regarding the Store's appearance and required furniture, fixtures and equipment at the new location. Franchisee shall pay Franchisor a relocation fee in an amount equal to Seven Thousand Five Hundred Dollars ($7,500). Franchisee shall pay such relocation fee to Franchisor at the time Franchisee submits its relocation request package to Franchisor. The relocation fee is refundable only if Franchisor does not accept Franchisee's proposed new Site.
Source: Item 23 — Receipts (FDD pages 72–263)
What This Means (2025 FDD)
According to the 2025 Cd One Price Cleaners Franchise Disclosure Document, the 'Store' refers to the specific location where the franchisee will operate their Cd One Price Cleaners business. This location is designated within the franchise agreement. The franchisee is granted the right to operate a fixed-location retail dry cleaning store under the Cd One Price Cleaners name at this specified location.
The agreement emphasizes the importance of maintaining Cd One Price Cleaners' standards at the store, including quality, cleanliness, and appearance. The franchisee must operate the business in accordance with the franchisor's operating plans and standards. The location of the store is a key element of the franchise agreement, and any changes to the site require the franchisor's prior written approval.
Cd One Price Cleaners may provide assistance in locating store sites, but the franchisee is ultimately responsible for independently investigating the suitability of the location. The franchisor can also specify requirements regarding the store's appearance, furniture, fixtures, and equipment at a new location if the franchisee chooses to relocate, and the franchisee would have to pay a $7,500 relocation fee.