What conditions must be met to be charged the Site Acquisition Extension Fee for a Fat Shack franchise?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Site Acquisition Extension Fee1 | $500 for each of the second and third 90-day extensions up to a total of 2 extensions following the first 90-day extension for which there is no charge | At least 5 days before the date that you are required to sign a lease or purchase an approved location for your FAT SHACK Restaurant | Payable if you do not sign a lease or otherwise acquire an approved location for your FAT SHACK Restaurant within one year plus 90 days and you wish to extend the amount of time you have to acquire an approved site. |
Source: Item 6 — Other Fees (FDD pages 15–18)
What This Means (2025 FDD)
According to Fat Shack's 2025 Franchise Disclosure Document, the Site Acquisition Extension Fee is incurred if a franchisee does not sign a lease or otherwise acquire an approved location for their Fat Shack restaurant within one year and 90 days. This fee is applicable if the franchisee wishes to extend the amount of time they have to acquire an approved site.
The fee is $500 for each of the second and third 90-day extensions. Fat Shack allows up to a total of two extensions following the initial 90-day extension, for which there is no charge.
The Site Acquisition Extension Fee is due at least 5 days before the date that the franchisee is required to sign a lease or purchase an approved location for their Fat Shack restaurant. This means franchisees need to plan ahead and submit payment in advance if they anticipate needing more time to secure a location.