factual

Where in the Marble Slab Creamery agreement can I find the 'Development Period' details?

Marble_Slab_Creamery Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (a) Subject to Section 3.1(c), within each Development Period specified in Exhibit B, Applicant shall construct, equip, open and thereafter continue to operate at, and only at, Venues within the Development Area, not less than the cumulative number of Restaurants required by the Development Obligation for that Development Period.

Source: Item 23 — RECEIPT (FDD pages 101–346)

What This Means (2025 FDD)

According to the 2025 Marble Slab Creamery Franchise Disclosure Document, details regarding the Development Period can be found in Exhibit B of the Multi-Unit Restaurant Agreement, as referenced in Section 3.1(a). This section outlines the franchisee's obligation to construct, equip, open, and operate a specified number of restaurants within the Development Area during each Development Period. The specific number of restaurants required is determined by the Development Obligation for that period.

For a prospective Marble Slab Creamery franchisee, this means that Exhibit B is a crucial document that outlines the timeline and number of units they are expected to open. Failing to meet these development obligations within the specified Development Period could potentially result in a breach of the agreement. Therefore, it is essential for franchisees to carefully review and understand the terms outlined in Exhibit B before signing the agreement.

It is also important to note that Section 3.1(c) may contain additional conditions or exceptions related to the development obligation, so franchisees should review this section in conjunction with Exhibit B. Understanding these requirements is vital for planning and executing the development of Marble Slab Creamery restaurants within the designated area and timeframe.

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.