What is a Floyds 99 tenant required to remove from the premises after the lease terminates or expires?
Floyds_99 Franchise · 2025 FDDAnswer from 2025 FDD Document
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- REMOVAL OF TRADE DRESS/PERSONAL PROPERTY. Tenant shall have fifteen (15) days from the termination or expiration of the Lease to remove Tenant's property and trade dress from
the Premises. Landlord further agrees that, upon the earlier of the expiration or termination of the Franchise Agreement or the Lease or upon any Default under the Lease or any default under the Franchise Agreement, Franchisor will have the right, but not the obligation, at Franchisor's sole cost, to enter upon the Premises and to remove any or all furniture, fixtures, equipment and all trade names, trade dress and other trade indicia associated with Franchisor, including, without limitation, Tenant's property, external and internal signage and all trade dress and design characteristics identifying the Premises as a FLOYD'S 99 franchise. Franchisor agrees to promptly repair any damage to the Premises caused by such removal or modifications. Franchisor will have fifteen (15) days from the later of (1) receipt of such notice of expiration or termination to remove such items, and (2) Franchisor's discovery that Tenant has failed to remove such items.
Source: Item 23 — RECEIPT (FDD pages 58–229)
What This Means (2025 FDD)
According to the 2025 Floyds 99 Franchise Disclosure Document, a tenant is required to remove their personal property and trade dress from the premises within fifteen days of the termination or expiration of their lease. This requirement ensures that the premises are cleared of the tenant's belongings and any branding elements that identify it with the franchisee's specific operation.
Additionally, the Floyds 99 franchisor has the right, but not the obligation, to enter the premises after the lease or Franchise Agreement terminates. The franchisor can remove any or all furniture, fixtures, equipment, trade names, trade dress, and other trade indicia associated with Floyds 99, including the tenant's property, external and internal signage, and all trade dress and design characteristics that identify the location as a Floyds 99 franchise.
If the franchisor exercises this right, they are responsible for promptly repairing any damage to the premises caused by the removal or modifications. The franchisor has fifteen days from the later of (1) receipt of notice of expiration or termination to remove such items, and (2) the franchisor's discovery that the tenant has failed to remove such items. This provision protects the Floyds 99 brand and ensures a consistent image across all franchise locations, even after a lease ends.