What is the condition for Checkers to insert the address of the approved site into Exhibit B?
Checkers Franchise · 2025 FDDAnswer from 2025 FDD Document
You agree to send us a description of the proposed site, including a summary of the items listed above, along with a letter of intent or other evidence confirming your favorable prospects for obtaining the proposed site. We will use reasonable efforts to approve or disapprove the proposed site within thirty (30) days after receiving your written proposal. If we do not approve of a proposed site, you must identify and notify us of new sites until we approve a site for the Franchised Restaurant. Upon our approval of a site, we will insert its address into Exhibit B, and it will be the Premises. The failure to insert such address into in Exhibit B shall not automatically affect the enforceability of this Agreement.
Source: Item 22 — CONTRACTS (FDD pages 91–92)
What This Means (2025 FDD)
According to Checkers' 2025 Franchise Disclosure Document, after a prospective franchisee submits a description of the proposed site, including a summary of relevant items and evidence confirming favorable prospects for obtaining the site, Checkers will use reasonable efforts to approve or disapprove the proposed site within 30 days of receiving the proposal. Upon Checkers' approval of a site, the address will be inserted into Exhibit B of the franchise agreement, designating it as the Premises.
This means that a franchisee must first identify a location and provide Checkers with the necessary documentation for review. Checkers then has 30 days to evaluate the site. If the site meets Checkers' criteria and is approved, the address of that location will be officially recorded in Exhibit B of the franchise agreement, formalizing it as the franchisee's designated business location.
It is important to note that the FDD states that the failure to insert the address into Exhibit B does not automatically affect the enforceability of the agreement. If Checkers does not approve of a proposed site, the franchisee must continue to identify and notify Checkers of new sites until one is approved. This process highlights the importance of thorough site selection and communication with Checkers during the initial stages of establishing a franchise.