Is there a template for the Cilantro Taco Grill Franchise Agreement included in the exhibits?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
We offer qualified individuals the right to open a minimum of 5 Cilantro Taco Grill outlets in a designated area under the terms of a multi-unit operator agreement. You must sign the then-current form of franchise agreement for each Franchised Business to be developed under the multi-unit operator agreement, which may differ from the current Franchise Agreement included with this Franchise Disclosure Document.
Source: Item 22 — CONTRACTS (FDD pages 51–52)
What This Means (2024 FDD)
According to the 2024 Cilantro Taco Grill FDD, the franchise agreement is referenced within Item 1, which states that multi-unit operators must sign the then-current form of the franchise agreement for each franchised business. This agreement may differ from the current Franchise Agreement included with the Franchise Disclosure Document.
Prospective franchisees should carefully review the franchise agreement included in the FDD and note that the terms and conditions within this agreement will govern the relationship between the franchisee and Cilantro Taco Grill. For multi-unit operators, it's important to understand that the franchise agreement they ultimately sign for each location may not be identical to the one included in the FDD.
It is advisable for potential franchisees to consult with a legal professional to fully understand the implications of the franchise agreement and how it applies to their specific circumstances, especially if considering a multi-unit operation. This will help ensure that they are aware of all their rights and obligations under the franchise agreement.