Which exhibit to the Hardees Franchise Agreement includes the ACH Authorization Form?
Hardees Franchise · 2025 FDDAnswer from 2025 FDD Document
APPENDIX A - FRANCHISE INFORMATION
APPENDIX B - WEEKLY ROYALTY FEE
APPENDIX C - FRANCHISEE'S ADVERTISING AND PROMOTION OBLIGATION
APPENDIX D - OWNERSHIP INTERESTS
APPENDIX E – ACKNOWLEDGEMENT ADDENDUM
APPENDIX F – COMMENCEMENT DATE ADDENDUM
APPENDIX G – LEASE ADDENDUM
APPENDIX H – ACH AUTHORIZATION FORM
APPENDIX I – STAR UNIVERSITY LICENSE AGREEMENT
Source: Item 22 — Contracts (FDD page 85)
What This Means (2025 FDD)
According to the 2025 Hardees Franchise Disclosure Document, the ACH Authorization Form is included as Appendix H to the Hardee's Restaurant Franchise Agreement. This form likely authorizes Hardees to make automatic withdrawals from the franchisee's bank account for fees and other payments.
As a prospective franchisee, understanding the implications of this authorization is crucial. The ACH Authorization Form allows Hardees to directly debit funds from your account, so it is important to ensure you have sufficient funds available to cover royalty fees, advertising fees, and any other charges.
Franchisees should carefully review the terms and conditions outlined in Appendix H and understand their rights and obligations regarding these electronic payments. It is advisable to consult with a financial advisor to assess the potential impact of these automatic withdrawals on your cash flow and overall financial stability.
Typical franchise agreements often include similar ACH authorization forms to streamline payment processes. However, franchisees should always maintain control and oversight of their accounts and regularly monitor transactions to ensure accuracy and prevent unauthorized withdrawals.