factual

In the agreement, what terms are used to refer to the Jersey Mike's franchisee?

Jersey_Mikes Franchise · 2025 FDD

Answer from 2025 FDD Document

g; all of which may be changed, improved and further developed by Franchisor from time to time; and

Franchisor is the owner of all right, title and interest together with all the goodwill connected therewith in and to the trade names, service marks and trademarks "JERSEY MIKE'S", "JERSEY MIKE'S ESTABLISHED IN '56 PT. PLEASANT, plus the design", "MIKE'S, plus the design", associated logos, commercial symbols, and such other trade names, service marks, and trademarks as are now designated (and may be designated by Franchisor in writing in the future) as part of the System (referred to as "Marks"), and Franchisor continues to develop, use and control such Marks for the benefit and use of itself and its franchisees in order to identify for the public the source of products and services marketed thereunder and to represent the System's high standards of operations, quality, food products, appearance, and service; and

Franchisee desires to operate a JE RSEY MIKE'S Restaurant ("Restaurant") under Franchisor's System and wishes to obtain a franchise from Franchisor for that purpose, as well as to receive the training and other assistance provided by Franchisor in connection therewith; and

Franchisee understands and acknowledges the importance of Franchisor's standards of quality and service and the necessity of operating the JERSEY MIKE'S Restaurant in conformity with Franchisor's standards and specifications; and

Franchisor expressly disclaims the making of and Franchisee acknowledges that it has not received or relied upon, any warranty or guaranty, expressed or implied, as to the revenues, profits or success of the business venture contemplated by this Agreement. Franchisee acknowledges that it has read and understands this Agreement and Franchisor's Disclosure Document, and that no representations have been made by Franchisor, or its officers, directors, shareholders, employees or agents that are contrary to the statements made in Franchisor's Disclosure Document, or to the terms of this Agreement,

In consideration of the mutual rights and obligations contained in this Agreement, Franchisor and Franchisee agree as follows:

1. APPOINTMENT AND FRANCHISE FEE

1.1 Franchisor hereby grants to Fr anchisee, upon the terms and conditions contained in this Agreement, the right , franchise and privilege t o use the Marks, and to operate a JERSEY MIKE'S Restaurant (sometimes referred to as "Franchised Restaurant" or "the Restaurant") using the System, only at the location identified on the Summary Pages. If the Restaurant Location has not been identified on the Summary Pages, Franchisee will find an acceptable location for the Restaurant within the search area identified in Exhibit B-1 of this Agreement (the, "Search Area"). The Search Area has been identified for the sole purpose of facilitating the orderly development of the market, and not for purposes of granting Franchisee any exclusivity or protection within the Search Area. Franchisee acknowledges and agrees that Franchisor does not guarantee that Franchisee will find an acceptable site within the Search Area description set forth on Exhibit B-1 and that the Search Area is subject to change upon mutual agreement by Franchisor and Franchisee. Any change in the Search Area shall be made in the form of a n amendment to thi s Agreement, which must be signed by Franchisor and Franchisee prior to Franchisee beginning the site selection process within the amended Search Area.

Franchisee shall not relocate its Restaurant without the prior written approval of Franchisor.

Franchisee shall not use any other channels of distribution, such as the Internet, catalog sales, direct marketing, etc., without Franchisor's prior written approval. F ranchisor retains the r ight to use othe r channels of distribution (e.g., the Internet, catalog sales, telemarketing or other direct marketing) inside Franchisee's territory using Franchisor's principal trademarks.

  • 1.2 Franchisor will not, so long as this Agreement is in force and effect and Franchisee is not in default under any of this Agreement's terms, enfranchise or operate any other JERSEY MIKE'S Restaurant from a location within the Designated Area described on the Summary Pages, with the following exception: F ranchisor reserves the r ight to place company-owned or franchised Restaurants at "nontraditional venues," such as airports, casinos, arenas, hospitals, hotels, malls, military installations, national parks, schools, stadiums and theme parks, within Franchisee's Designated Area. Franchisor reserves the right to place company-owned or franchised Restaurants outside the Designated Area.

Source: Item 22 — CONTRACTS (FDD page 77)

What This Means (2025 FDD)

According to Jersey Mike's 2025 Franchise Disclosure Document, the terms "Franchisee" and "Developer" are used to refer to a Jersey Mike's franchisee, depending on the type of agreement. The document uses "Franchisee" when referring to an individual operating a Jersey Mike's Restaurant under a standard franchise agreement. The franchisee is granted the right to use Jersey Mike's marks and operate a restaurant at a specific location, adhering to the franchisor's system and standards. The franchisee is responsible for the day-to-day operations and must comply with Jersey Mike's requirements regarding products, services, and restaurant appearance.

The term "Developer" is used when referring to an individual or entity that has been granted the rights to develop multiple Jersey Mike's restaurants within a specific territory. The developer has options to obtain licenses to establish and operate a number of Jersey Mike's Restaurants within a defined geographic area. The developer is responsible for finding suitable locations, securing franchise agreements for each location, and ensuring that each restaurant meets Jersey Mike's standards.

Both franchisees and developers are subject to the terms and conditions outlined in their respective agreements with Jersey Mike's. These agreements detail the rights and obligations of both parties, including fees, royalties, operating standards, and termination conditions. Prospective franchisees and developers should carefully review these agreements to understand their commitments and responsibilities before entering into a franchise relationship with Jersey Mike's.

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.