Does the Hawaiian Bros Island Grill Development Agreement explicitly define what the 'Company' refers to?
Hawaiian_Bros_Island_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
1. RECITALS.
Company sells franchises to operate Hawaiian Bros Restaurants. Developer is a prospective franchisee whose application to become a Hawaiian Bros Island Grill franchisee has been approved by Company.
Source: Item 23 — RECEIPTS (FDD pages 77–262)
What This Means (2025 FDD)
According to the 2025 Hawaiian Bros Island Grill Franchise Disclosure Document, the term 'Company' is implicitly defined within the recitals section of the Development Agreement. Specifically, it states that 'Company sells franchises to operate Hawaiian Bros Restaurants' and that the 'Developer is a prospective franchisee whose application to become a Hawaiian Bros Island Grill franchisee has been approved by Company.'
This indicates that 'Company' refers to the entity that grants the franchise rights to operate Hawaiian Bros Island Grill restaurants. For a prospective developer, this clarifies who they are entering into an agreement with and the nature of that entity's business.
Furthermore, the document uses 'Company' in various contexts, such as disclaiming warranties regarding site suitability and profit potential, requiring the developer to furnish documents to the Company, and referencing the Company's right to maintain an Intranet. These references consistently point to 'Company' as the franchisor, Hawaiian Bros Island Grill, and the entity overseeing the franchise system.