What must the Closet Storage Concepts franchisee submit to the Franchisor for site approval?
Closet_Storage_Concepts Franchise · 2025 FDDAnswer from 2025 FDD Document
If the Approved Location is not identified in Exhibit 1 and Exhibit 4 when the parties execute this Agreement, Franchisee shall find a location and submit it to Franchisor for approval as required in Section 1.3.
- 1.3 Site Search; Purchase or Lease of Premises. Within one hundred and twenty (120) days after Franchisor's execution of this Agreement, Franchisee shall execute a Business Location Agreement in the form attached hereto as Exhibit 4.
The parties may extend the 120 day period for an additional 120 days provided Franchisee diligently complied with the obligations of this Section 1.3.
Prior to acquiring by lease or purchase a site for the Franchised Business, Franchisee with Franchisor's assistance (as described in Section 4.2 of this Agreement) shall locate a site for the Franchised Business that satisfies the site selection guidelines provided to Franchisee by Franchisor pursuant to Section 4.2 of this Agreement.
Franchisee shall submit to Franchisor in the form specified by Franchisor a description of the site, including evidence satisfactory to Franchisor demonstrating that the site satisfies Franchisor's site selection guidelines, together with such other information and materials as Franchisor may reasonably require, including, but not limited to, a letter of intent or other evidence satisfactory to Franchisor which confirms Franchisee's favorable prospects for obtaining the site.
Source: Item 22 — CONTRACTS (FDD page 59)
What This Means (2025 FDD)
According to Closet Storage Concepts's 2025 Franchise Disclosure Document, if the Approved Location is not identified when the Franchise Agreement is executed, the franchisee is responsible for locating a site within the designated Search Area and submitting it to Closet Storage Concepts for approval. The franchisee must provide a description of the site in the form specified by Closet Storage Concepts, including evidence that the site meets Closet Storage Concepts's site selection guidelines.
This submission must also include other information and materials that Closet Storage Concepts may reasonably require. Specifically, the franchisee must include a letter of intent or other evidence that confirms the franchisee's favorable prospects for obtaining the site.
Prior to acquiring the site, Closet Storage Concepts will assist the franchisee in locating a site that satisfies the site selection guidelines. The franchisee must execute a Business Location Agreement within 120 days after Closet Storage Concepts's execution of the Franchise Agreement, although this period may be extended by an additional 120 days if the franchisee diligently complies with their obligations.