What must happen to the final inventory for each Del Taco location after it is completed?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
Prior to the Closing Date, persons designated by Buyer and Seller shall jointly conduct an inventory of the Business Assets and Additional Assets at the Locations, which inventory shall be conducted in a manner to be agreed upon by the parties. The final inventory for each Location shall be
initialed by those representatives designated by Buyer and Seller and shall be attached to the Bills of Sale described below.
Source: Item 23 — RECEIPTS (FDD pages 59–325)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, before the closing date, both the buyer's and seller's representatives will conduct a joint inventory of the business assets and additional assets at each Del Taco location. This inventory process will be carried out in a manner agreed upon by both parties.
Following the completion of the inventory, the final inventory list for each location must be initialed by the designated representatives from both the buyer and the seller. This initialed inventory list will then be attached to the Bills of Sale, serving as a formal record of the assets included in the transaction.
This process ensures that both parties have a clear and agreed-upon understanding of the assets being transferred during the sale of the Del Taco location, reducing potential disputes and providing a documented reference for the transaction.