What is the purpose of the table provided in the Del Taco FDD regarding the Development Agreement?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit B
Development Schedule
Source: Item 23 — RECEIPTS (FDD pages 59–325)
What This Means (2025 FDD)
According to the 2025 Del Taco Franchise Disclosure Document, Exhibit B outlines the Development Schedule within the Development Agreement. This schedule specifies the timeframe and requirements for a developer to open Del Taco restaurants within a designated area. The table serves as a visual aid to understand the obligations and deadlines associated with developing multiple Del Taco locations.
Prospective developers can use this schedule to understand the pace of development expected by Del Taco. It helps in planning resources, securing financing, and managing construction timelines. Failing to adhere to the development schedule could result in the termination of the Development Agreement, as stated in the document.
The Development Schedule is a critical component of the Development Agreement, ensuring that developers are committed to expanding the Del Taco brand within their designated territory according to an agreed-upon timeline. This protects Del Taco's interests by preventing developers from holding territories without actively developing restaurants.