factual

What information about the Designated Principal(s) is Hawaiian Bros Island Grill required to provide?

Hawaiian_Bros_Island_Grill Franchise · 2025 FDD

Answer from 2025 FDD Document

Name and Address Position/Title Ownership %
4. Designated Principal(s). Following is the name, position/title and Ownership Interest of the
Designated Principal(s):
Name and Address Position/Title Ownership %

Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 73–77)

What This Means (2025 FDD)

According to Hawaiian Bros Island Grill's 2025 Franchise Disclosure Document, if the franchise agreement has more than one person identified as the franchisee, or if the franchisee is a business entity, the franchisee must complete a Business Entity Information Form. This form requires the franchisee to provide the name and address, position/title, and ownership percentage of the designated principal(s). The franchisee must update this form whenever there is any change in the information provided.

This requirement ensures that Hawaiian Bros Island Grill has a clear understanding of who is managing and controlling the franchise. By collecting this information, Hawaiian Bros Island Grill can effectively communicate with the appropriate individuals and ensure accountability within the franchise operation. It also allows Hawaiian Bros Island Grill to assess the ownership structure and potential conflicts of interest.

For a prospective Hawaiian Bros Island Grill franchisee, this means being prepared to disclose detailed information about the ownership and management structure of their business entity. This includes providing the names, addresses, titles, and ownership percentages of all designated principals. Franchisees should maintain accurate records and promptly update the Business Entity Information Form whenever there are any changes to this information to remain in compliance with the franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.