factual

Upon Checkers' approval of a site, where will the address be inserted?

Checkers Franchise · 2025 FDD

Answer from 2025 FDD Document

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, once Checkers approves a site for a franchised restaurant, the address of the approved site will be inserted into Exhibit B of the Franchise Agreement. This exhibit will then define the specific location as "the Premises" for the franchise.

This means that Exhibit B serves as the official record of the approved location. The franchisee is contractually obligated to operate the Checkers restaurant at this specific "Premises" and is not allowed to change locations without prior consent from Checkers. This ensures that both the franchisee and Checkers are aligned on the designated site and its suitability for the business.

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. However, franchisees should ensure that the address is properly recorded in Exhibit B to avoid any potential disputes or confusion regarding the approved location of the Checkers restaurant.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.