factual

Which section of the Floyds 99 Franchise Agreement details the opening obligations of the franchisee?

Floyds_99 Franchise · 2025 FDD

Answer from 2025 FDD Document

Unless otherwise agreed to in writing by the Franchisor and the Franchisee, the Franchisee has fifteen months from t

Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 29–30)

What This Means (2025 FDD)

According to the 2025 Floyds 99 Franchise Disclosure Document, Section 5.9, titled "Commencement of Operations," outlines the timeframe a franchisee has to open their shop. Unless otherwise agreed to in writing by Floyds 99 and the franchisee, the franchisee has fifteen months from the date of the Franchise Agreement to open their Floyds 99 location.

This section sets a clear expectation for franchisees, indicating they must commence operations within a defined period. This encourages franchisees to promptly secure a location, complete build-out, and begin operations. The clause "unless otherwise agreed to in writing" provides some flexibility, allowing for extensions if both parties consent.

Prospective franchisees should note the importance of adhering to this timeline to avoid potential breaches of the agreement. They should also discuss any potential delays or challenges they foresee in meeting this deadline with Floyds 99 upfront to explore the possibility of a written extension.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.