Does the Fast Fix Jewelry And Watch Repairs addendum specify the location where it is entered into?
Fast_Fix_Jewelry_And_Watch_Repairs Franchise · 2025 FDDAnswer from 2025 FDD Document
| of, 20 between Jewelry Repair Enterprises, Inc., a Pennsylvania corporation, with its principal | ||
|---|---|---|
| place of business at 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487 ("Franchisor," "we," "us" or | ||
| "our") and, a(n){corporation, limited liability company}, whose current | ||
| principal place of business is ("Franchisee," "you" or "your"). You | ||
| and we are sometimes referred to collectively as the "parties" or individually as a "party." | ||
| BACKGROUND INFORMATION: | ||
| We have simultaneously entered into the certain Franchise Agreement (the "Franchise Agreement") dated as of | ||
| with you, pursuant to which you plan to own and operate a franchised jewelry and watch | ||
| repair business, which offers products and services from a kiosk or from an in-line store (the "Service Center"). | ||
| The Fast-Fix Service Center uses certain proprietary knowledge, procedures, formats, systems, forms, printed | ||
| materials, applications, methods, specifications, standards and techniques authorized or developed by us | ||
| (collectively the "System"). We identify Service Centers and various components of the System by certain | ||
| trademarks, trade names, service marks, trade dress and other commercial symbols (collectively the "Marks"). In |
Source: Item 22 — CONTRACTS (FDD page 37)
What This Means (2025 FDD)
According to the 2025 Fast Fix Jewelry And Watch Repairs FDD, the Conditional Assignment and Assumption of Lease addendum includes spaces to specify the principal places of business for both the Franchisor and the Franchisee. Specifically, the franchisor's principal place of business is listed as 6413 Congress Avenue, Suite 240, Boca Raton, Florida 33487. The franchisee's principal place of business is to be entered in the provided space.
Furthermore, the addendum references the Service Center's location, stating it is at a site approved by Fast Fix Jewelry And Watch Repairs according to Sections 3.1 and 7.1 of the Franchise Agreement. This location is where the franchisee will operate their jewelry and watch repair business from a kiosk or Inline Store. The addendum also mentions a Lease Agreement where the franchisee has leased or will lease space from a Landlord for the Service Center.
This level of detail in the addendum ensures clarity and legal precision regarding the parties involved, their locations, and the specific site of the franchised business. It also ties the lease agreement directly to the franchise agreement, which is a common practice in franchising to protect the franchisor's interests in maintaining brand standards and operational consistency.