What is the Site Acquisition Extension Fee for each additional 90-day extension period for Fat Shack?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
You must select your Restaurant Location and sign a lease or otherwise acquire the right to use the location within 270 days of signing the Franchise Agreement. We will extend this deadline for up to three successive 90-day periods if (i) factors beyond your reasonable control prevent you from meeting the applicable deadline, (ii) you have made reasonable and continuing efforts to obtain and submit for approval an acceptable site and lease, (iii) you deliver a written request to extend the time to sign a lease at least five days prior to the applicable deadline, and (iv) for any extensions past the first 90-day extension, at the time you deliver the written request to us, you pay us the Site Acquisition Extension Fee for each additional 90-day extension period. You do not have any right to extend these deadlines if you are otherwise in default of the Franchise Agreement or any other agreement with us.
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 28–36)
What This Means (2025 FDD)
According to the 2025 Fat Shack Franchise Disclosure Document, franchisees must select their restaurant location and secure the lease within 270 days of signing the Franchise Agreement. Fat Shack may grant up to three successive 90-day extensions if certain conditions are met.
For any extension past the first 90-day extension, the franchisee must pay Fat Shack a Site Acquisition Extension Fee for each additional 90-day extension period. The specific amount of this fee is not specified in this section.
Prospective Fat Shack franchisees should inquire about the amount of the Site Acquisition Extension Fee to fully understand the potential costs associated with delays in securing a location. Knowing this fee will allow for better financial planning during the initial stages of establishing their Fat Shack franchise.