factual

What is the deadline for completing construction or renovation of the Hck Hot Chicken Premises?

Hck_Hot_Chicken Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee's Restaurant shall be located at the Location.

  • 5.1.1 The Location shall be identified in Attachment A.

If no Location has been inserted in Attachment A, Franchisee shall promptly following the execution hereof, but in any event within 90 days after the Effective Date, locate one or more proposed sites which meet Franchisor's then- current standards and specifications.

Franchisee shall submit to Franchisor such demographic and other information regarding the proposed site(s) and neighboring areas as Franchisor shall require, in the form prescribed by Franchisor ("Site Review Request").

Franchisor may seek such additional information as it deems necessary within 14 days of submission of Franchisee's Site Review Request, and Franchisee shall respond promptly to such request for additional information.

If Franchisor does not deliver written notice of acceptance of the proposed site within 14 days of receipt of Franchisee's fully and accurately completed Site Review Request, or within 14 days after receipt of such additional requested information, whichever is later, the site shall be deemed rejected.

If the Franchisor accepts the proposed site it shall notify Franchisee of its acceptance of the site.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)

What This Means (2025 FDD)

The 2025 Hck Hot Chicken Franchise Disclosure Document does not specify a deadline for completing construction or renovation of the premises. However, it does state that if a location is not identified in Attachment A of the franchise agreement, the franchisee must locate one or more proposed sites that meet Hck Hot Chicken's standards within 90 days of the agreement's effective date. Franchisees must then submit a Site Review Request to the franchisor. The franchisor has 14 days to either accept or reject the proposed site after receiving the completed Site Review Request or any additional information requested.

While the FDD outlines the process for site selection, it does not provide a specific timeframe for completing the construction or renovation phase once a site is approved. This suggests that the timeline for build-out may vary depending on factors such as the condition of the premises, local permitting processes, and the franchisee's construction schedule.

Prospective Hck Hot Chicken franchisees should clarify the expected timeframe for construction or renovation with the franchisor during their due diligence. Understanding the anticipated build-out period is crucial for budgeting, planning the restaurant opening, and projecting potential revenue.

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.