Regarding City Publications franchises, which section in the Franchise Agreement outlines the franchisee's pre-opening purchase and lease obligations?

According to City Publications' 2025 Franchise Disclosure Document, the franchisee's obligations for pre-opening purchases and leases are detailed in Sections 6 and 16 of the Franchise Agreement, as referenced in Item 9. Item 9 of the FDD outlines various franchisee obligations and cross-references the specific sections within the Franchise Agreement where these obligations are further defined.

Specifically, the table in Item 9 lists 'Pre-opening purchases/leases' as obligation 'b' and indicates that Sections 6 and 16 of the Franchise Agreement contain the details regarding these obligations. This directs a prospective City Publications franchisee to those sections for a comprehensive understanding of what pre-opening purchases and leases they will be required to make. Item 7 and Item 8 of the disclosure document are also related to this obligation.

It is important for potential City Publications franchisees to carefully review Sections 6 and 16 of the Franchise Agreement, along with Items 7 and 8 of the FDD, to fully understand their financial commitments and responsibilities related to pre-opening purchases and leases. This includes understanding the types of purchases or leases required, the expected costs, and any specific requirements or restrictions imposed by City Publications.