What documentation related to site acquisition must the Developer provide to Del Taco?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
er shall have sole responsibility for the acquisition (through purchase, lease, sublease or otherwise), development and construction of a Restaurant on the approved site.
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- Pre-Construction Obligations of Developer. The Developer shall not begin construction of any Restaurant unless the following events have taken place:
- (a) Del Taco has approved the site, without conditions, in accordance with Section 7 of this Agreement.
- (b) The Developer has obtained the right to use the site, either by purchase or lease, and has obtained and provided a fully executed copy of the lease or asset purchase agreement, including the recorded deed, to Del Taco and has obtained all necessary permits, governmental approvals, and other necessary rights to construct, maintain and operate a Restaurant on the approved site. Developer shall provide a certified copy of any and all related acquisition documents to Del Taco as requested.
- (c) Del Taco has approved the Developer's general contractor and architect pursuant to Del Taco's requirements.
Source: Item 23 — RECEIPTS (FDD pages 59–325)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, a Developer must provide certain documentation to Del Taco related to site acquisition. Specifically, the Developer must provide a fully executed copy of the lease or asset purchase agreement, including the recorded deed, to Del Taco once the Developer has obtained the right to use the site through purchase or lease. Additionally, the Developer must provide a certified copy of any and all related acquisition documents to Del Taco as requested.
Prior to the Developer executing any final lease or sublease agreement for the real estate, a draft of any lease or sublease agreement for the real estate must be submitted to Del Taco for its review and approval.
Del Taco also requires the Developer to complete and submit forms and information that Del Taco requires from time to time in connection with any proposed site for a Del Taco restaurant. The Developer must also submit financial information relating to their current financial condition and the expected development costs and projected results of operation of the Restaurant proposed for development on the proposed site. This information is crucial for Del Taco's approval process, as the franchisor uses it to assess the suitability of the site and the financial viability of the proposed restaurant.