Does the Kitchen Solvers Franchise Agreement require a Personal Guarantee as indicated in Appendix A?

According to Kitchen Solvers' 2025 Franchise Disclosure Document, the Franchise Agreement does require a personal guarantee. Specifically, all principal owners of a Kitchen Solvers franchise that is a corporation, partnership, or other entity must execute the form of undertaking and guarantee attached to the Franchise Agreement as Appendix A. Any person or entity that becomes a principal owner after the agreement date must also execute this guarantee as a condition of becoming a principal owner. Each person signing the guarantee is considered a Personal Guarantor of the franchisee's obligations.

This requirement means that principal owners are personally liable for the financial and contractual obligations of the Kitchen Solvers franchise. If the franchise, as a business entity, fails to meet its obligations to Kitchen Solvers, the franchisor can seek recourse directly from the personal assets of the guarantors. This is a standard practice in franchising, as it provides the franchisor with added security and ensures that the owners are fully committed to the success of the franchise.

Prospective Kitchen Solvers franchisees should carefully review the form of undertaking and guarantee in Appendix A to fully understand the scope of their personal liability. They should also consult with legal and financial advisors to assess the implications of providing a personal guarantee. This is a critical aspect of the franchise agreement and should be thoroughly understood before signing.