In the context of the Lease Agreement addendum for Hardees, what parties are identified as 'Landlord' and 'Tenant'?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS ADDENDUM to the Lease Agreement dated as of | ("Lease") | |
|---|---|---|
| between | ("Landlord") and | ("Tenant") is entered into |
| as of the effective date of the Lease. |
Source: Item 23 — Receipts (FDD pages 85–541)
What This Means (2025 FDD)
According to Hardees's 2025 Franchise Disclosure Document, the Lease Agreement addendum identifies the parties involved as 'Landlord' and 'Tenant'. The document indicates that the Landlord is leasing or has leased real property to the Tenant, which will be used for the operation of a franchised Hardee's Restaurant. The Tenant will then develop and operate the restaurant under a franchise agreement with Hardee's Restaurants LLC.
The Lease Addendum modifies the original lease to incorporate provisions required by the Franchise Agreement. This ensures that the lease aligns with Hardees's operational standards and protects the brand's interests. Both the Landlord and the Tenant agree to these modifications, acknowledging that the terms of the Lease Addendum are integrated into the original lease.
This arrangement is typical in franchising, where the franchisor (Hardees) requires certain lease terms to protect its brand and ensure consistent operations across all franchise locations. The addendum serves to formalize these requirements, making them legally binding on both the Landlord and the Tenant (the franchisee). Prospective Hardees franchisees should carefully review the Lease Addendum to understand their obligations and the relationship between the lease, the franchise agreement, and Hardees's rights.