What is the deadline for obtaining Chicken Guy's written approval of the site for each Franchised Restaurant?
Chicken_Guy Franchise · 2025 FDDAnswer from 2025 FDD Document
For each Franchised Restaurant to be developed during the Development Term, Developer shall have obtained Chicken Guy's written approval of the site by the site approval date listed in the Development Schedule in the attached Data Sheet.
Strict compliance with the Development Schedule is essential to this Agreement.
Any failure by Developer in fulfilling its obligations to develop and open any Franchised Restaurant when required by the Development Schedule or to obtain site approval by the date specified in the Development Schedule shall constitute a material, non-curable breach of this Agreement permitting Chicken Guy immediately to terminate this Agreement by giving written notice of termination to Developer. Time is of the essence.
Source: Item 23 — RECEIPTS (FDD pages 50–286)
What This Means (2025 FDD)
According to Chicken Guy's 2025 Franchise Disclosure Document, for each franchised restaurant to be developed during the development term, the developer must obtain Chicken Guy's written approval of the site by the site approval date listed in the Development Schedule in the attached Data Sheet. Failure to obtain site approval by the specified date constitutes a material, non-curable breach of the agreement, potentially leading to immediate termination of the agreement by Chicken Guy. Time is of the essence in adhering to the development schedule.
Chicken Guy may refuse to approve a site if the developer does not demonstrate sufficient financial capabilities to properly develop, operate, and maintain the proposed franchised restaurant, based on standards consistent with criteria Chicken Guy uses in comparable market areas. The developer must provide financial statements and other information, including investment and financing plans, as reasonably required by Chicken Guy.
Within 15 days after Chicken Guy receives the Real Estate Site Application, the Business Plan, and any additional required information, Chicken Guy's Real Estate Review Committee will review the information and advise the developer in writing whether the site has been approved. If Chicken Guy does not respond within this 15-day period, the site is deemed rejected. Approval may be subject to reasonable conditions at Chicken Guy's discretion. A site approved by Chicken Guy is referred to as an "Authorized Site."
Within 30 days after Chicken Guy approves the site, Chicken Guy will prepare and forward a Franchise Agreement for the Authorized Site to the developer. The developer must sign and return the Franchise Agreement, along with the initial franchise fee, to Chicken Guy within 90 days after site approval. Additionally, if the developer proposes to lease or sublease the Authorized Location, a copy of the fully-executed lease or sublease (for a term, including renewal terms, for at least the Initial Term of the Franchise Agreement) must be provided to Chicken Guy within 90 days after site approval.