Does the Fast Fix Jewelry And Watch Repairs addendum specify the city where it is entered into?
Fast_Fix_Jewelry_And_Watch_Repairs Franchise · 2025 FDDAnswer from 2025 FDD Document
This Conditional Assignment and Assumption of Lease (the "Assignment") is made, entered into and effective as of the effective date of the Lease (as defined herein below), by Jewelry Repair Enterprises, Inc., a Pennsylvania corporation, with its principal place of business at 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487 ("we," "us" or "our") and, a(n){corporation, limited liability company}, with its principal place of business at ("you" or "your"). BACKGROUND INFORMATION We entered into that certain Franchise , 20 with you, pursuant to which you plan to own and operate a franchise to operate a Agreement (the "Franchise Agreement") dated as of jewelry and watch repair business, which offers products and services from a kiosk or Inline Store (the "Service Center") located at that certain site approved by us pursuant to Sections 3.1 and 7.1 of the Franchise Agreement ("Site"). In addition, pursuant to that certain Lease Agreement (the "Lease"), you have leased or will lease certain space containing the Service Center described therein from (the "Landlord"). The Franchise Agreement requires you to deliver this Assignment to us as a condition to the grant of a franchise.
Source: Item 22 — CONTRACTS (FDD page 37)
What This Means (2025 FDD)
Based on the 2025 Fast Fix Jewelry And Watch Repairs Franchise Disclosure Document, the addendum titled "CONDITIONAL ASSIGNMENT AND ASSUMPTION OF LEASE" does not explicitly state the city where it is entered into. However, it does reference the franchisee's principal place of business, which includes a space for the address. The document also mentions the location of the Service Center, which is the physical location of the Fast Fix Jewelry And Watch Repairs franchise. This location is subject to approval by the franchisor according to Sections 3.1 and 7.1 of the Franchise Agreement.
The addendum also refers to a Lease Agreement where the franchisee leases space for the Service Center from a landlord. While the city is not directly mentioned in the context of the addendum's effective date, the franchisee's address and the Service Center's location are referenced, suggesting that the city is indirectly accounted for through these details.
Prospective franchisees should confirm with Fast Fix Jewelry And Watch Repairs whether the city of execution needs to be explicitly stated elsewhere in the agreement or related documents. Understanding the specific requirements for legal documentation is crucial for ensuring compliance and avoiding potential disputes.