According to the text, what is the Franchise Agreement dated for Floyds 99?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
| Floyd's 99 Franchising, LLC ("Franchisor") and Franchisee are parties to a Franchise Agreement | |
|---|---|
| dated, 20 for the development and operation of a FLOYD'S 99 Shop located at |
Source: Item 22 — CONTRACTS (FDD pages 57–58)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, the Franchise Agreement is dated "20". This means the specific day and month are not provided in the excerpt, only the year placeholder.
For a prospective franchisee, this indicates that the actual agreement date will be determined at the time of signing. The franchisee should pay close attention to this date, as it marks the beginning of their contractual obligations and the start of various timelines outlined in the agreement.
It is common practice for franchise agreements to be dated on or near the date they are signed by both parties. A prospective Floyds 99 franchisee should confirm the exact date before signing to ensure they understand when their obligations begin.