If a Focalpoint Coaching franchisee's office is in a non-residential location, what requirements must the lease contain?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
If the office is located in a non-residential location, the lease for the Office shall contain certain provisions prescribed by Franchisor, including, without limitation, requirements that Franchisor be notified of any lease defaults by Franchisee and have the right to cure such defaults within a reasonable time and that the lease may be assigned at any time by Franchisee to Franchisor.
Source: Item 22 — Contracts (FDD pages 56–57)
What This Means (2025 FDD)
According to the 2025 Focalpoint Coaching Franchise Disclosure Document, if a franchisee chooses to locate their office in a non-residential location, the lease agreement must include specific provisions mandated by Focalpoint Coaching.
Specifically, the lease must require that Focalpoint Coaching be notified of any lease defaults by the franchisee. Furthermore, Focalpoint Coaching must have the right to cure these defaults within a reasonable timeframe.
Additionally, the lease must allow the franchisee to assign the lease to Focalpoint Coaching at any time. This provision potentially gives Focalpoint Coaching more control over the location of the franchise and protects their interests in case the franchisee is unable to continue operating the business. Prospective franchisees should carefully consider these requirements and discuss them with a legal professional before signing a lease agreement.