factual

What information is the landlord required to furnish to Checkersrallys at Checkersrallys' request?

Checkersrallys Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Landlord agrees to: (a) furnish to Franchisor a copy of any default notice served on Tenant and/or another lessee under the Lease simultaneously with the service of the notice to Tenant and/or such other lessee; (b) provide Franchisor with notice of any proposed renewals, extensions, modifications and amendments to the Lease; (c) give Franchisor the opportunity, but Franchisor shall not be required, to cure any default by Tenant or other lessee under the Lease within 15 days following the expiration of any applicable cure period if Tenant and/or such other lessee fail to cure such default; and (d) to furnish to Franchisor, at Franchisor's request, a copy of any sales or operating information for the Premises provided by Tenant. All notices to Franchisor shall be sent to the following address: Checkers Drive-In Franchised Restaurants, Inc., 4300 West Cypress Street, Suite 600, Tampa, Florida 33607, Attn: Legal Department, unless Landlord is notified otherwise in writing by Franchisor. No notice to Tenant shall be effective unless and until a copy thereof is served upon Franchisor.

Source: Item 22 — CONTRACTS (FDD pages 91–92)

What This Means (2025 FDD)

According to Checkersrallys' 2025 Franchise Disclosure Document, the landlord is required to furnish Checkersrallys with a copy of any sales or operating information for the premises provided by the tenant, if Checkersrallys requests it. All notices to Checkersrallys must be sent to Checkers Drive-In Franchised Restaurants, Inc., 4300 West Cypress Street, Suite 600, Tampa, Florida 33607, Attn: Legal Department, unless the landlord is notified otherwise in writing by Checkersrallys.

This requirement is part of an agreement between the landlord and tenant (the franchisee) to protect Checkersrallys' rights. The landlord also agrees to furnish Checkersrallys a copy of any default notice served on the tenant, provide Checkersrallys with notice of any proposed lease renewals, extensions, modifications, and amendments, and give Checkersrallys the opportunity to cure any default by the tenant under the lease within 15 days following the expiration of any applicable cure period if the tenant fails to cure such default.

This arrangement benefits Checkersrallys by allowing them to stay informed about the franchisee's operations and potential issues with the lease. It also gives Checkersrallys the option to step in and protect their interests by curing defaults or taking over the lease if necessary. For a prospective franchisee, this highlights the importance of maintaining a good relationship with their landlord and adhering to the terms of the lease agreement, as any issues could involve Checkersrallys directly.

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.