Which section of the Jersey Mikes Franchise Agreement outlines the requirements for opening a franchise?
Jersey_Mikes Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 9: FRANCHISEE'S OBLIGATIONS]
| Obligation | Section in Franchise Agreement or Area Development Agreement | Item in Disclosure Document |
|---|---|---|
| a. Site selection and acquisition/lease | Section 3; Area Development Agreement, Section 3. | Item 8 and 12 |
| b. Pre-opening purchases/leases | Section 3.3. | Items 7 and 8 |
| c. Site development and other pre-opening | Sections 3.6 and 5; Area Development | Items 6, 7, 8 and 11 |
| requirements. | Agreement, Section 5. | |
| e. Opening | Section 13.1. | Item 11 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 32–33)
What This Means (2025 FDD)
According to Jersey Mikes' 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, including those related to opening a franchise. The table within Item 9 details specific obligations and cross-references the sections in the Franchise Agreement or Area Development Agreement where these obligations are further described.
Specifically, the requirements for opening a Jersey Mikes franchise are found in several sections of the Franchise Agreement. Site selection and acquisition/lease details are in Section 3, while pre-opening purchases/leases are covered in Section 3.3. Site development and other pre-opening requirements are detailed in Sections 3.6 and 5 of the Franchise Agreement, as well as Section 5 of the Area Development Agreement. The actual opening of the franchise is addressed in Section 13.1.
This means that a prospective Jersey Mikes franchisee needs to carefully review these sections of the Franchise Agreement to understand their responsibilities related to securing a location, making necessary purchases, developing the site, and fulfilling all pre-opening requirements. Understanding these obligations is crucial for a smooth and successful launch of the franchise. The franchisee should also refer to Items 6, 7, 8, 11, 12, and 17 in the Disclosure Document for additional information related to these obligations.