factual

Where can I find the form of Rider to Lease Agreement that Desi District requires?

Desi_District Franchise · 2024 FDD

Answer from 2024 FDD Document

The following are our current specific obligations for purchases and leases:

  • A. Real Estate. Your business location is subject to our approval and must meet our specifications. You must use reasonable efforts to have your landlord sign our form of Rider to Lease Agreement (attached to this disclosure document as Exhibit D).

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 26–29)

What This Means (2024 FDD)

According to Desi District's 2024 Franchise Disclosure Document, the form of Rider to Lease Agreement that franchisees must use is included as Exhibit D to the disclosure document. Item 8 of the FDD discusses restrictions on sources of products and services. Specifically, it states that the franchisee must use reasonable efforts to have their landlord sign Desi District's form of Rider to Lease Agreement.

This means that as a prospective Desi District franchisee, you'll find the required lease agreement form within the FDD itself, attached as Exhibit D. You are expected to make reasonable efforts to get your landlord to sign this form, indicating that Desi District wants some level of standardization or control over the lease agreements its franchisees enter into.

It is important to review Exhibit D carefully to understand the terms and conditions that Desi District requires in the lease agreement. This will help you assess whether potential locations are likely to be acceptable to Desi District and whether landlords will be willing to agree to the Rider to Lease Agreement. This is a fairly common practice in franchising, as franchisors often have specific requirements for the location and lease terms to ensure brand consistency and protect their interests.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.