Are Kitchen Solvers principal owners required to be Personal Guarantors?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
ms"), and in accordance with our System standards and specifications. We may establish, modify, or terminate any of the Special Programs at any time upon notice to you.
7. PERSONNEL AND TRAINING STANDARDS
The following provisions and conditions control with respect to personnel, training and supervision.
- A. Supervision of the Business. Your Business must at all times be under your direct supervision or a designated principal owner in the event you are a corporation, partnership, or other business entity. Your principal owners must be those persons who are actively involved in the Business and the principal owners must be Personal Guarantors and sign an undertaking and guarantee in accordance with Subparagraph 16.F of this Agreement.
- B. Training. You must, at your expense for room, board and travel, attend and successfully complete our KITCHEN SOLVERS Pre-Opening Training Program at a place we designate. You may not begin operating your Business until you successfully complete the KITCHEN SOLVERS Pre-Opening Training Program.
Source: Item 22 — Contracts (FDD page 49)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, if the franchisee is a corporation, partnership, or other business entity, the principal owners must be actively involved in the business. These principal owners are required to be Personal Guarantors and must sign an undertaking and guarantee as specified in Subparagraph 16.F of the agreement.
This means that if you are setting up a Kitchen Solvers franchise as a company rather than as an individual, the people who own the company and are actively working in the business will have to personally guarantee the franchise's obligations. This guarantee is formalized through a signed undertaking.
Furthermore, any person or entity that becomes a principal owner after the initial agreement date must also execute the undertaking and guarantee as a condition of becoming a principal owner. This ensures that all principal owners are held accountable for the financial and contractual obligations of the Kitchen Solvers franchise.