factual

If a Marble Slab Creamery franchisee is a partnership, what documents must they furnish to the franchisor?

Marble_Slab_Creamery Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 5.3 A Franchisee which is a Partnership will comply, except as otherwise approved in writing by Franchisor, with the following requirements throughout the term of this Agreement:

  • 5.3.1 Franchisee will furnish Franchisor with its partnership agreement as well as such other documents as Franchisor may reasonably request, and any amendments thereto.

  • 5.3.2 Franchisee will confine its activities exclusively to operating the Restaurant operated pursuant hereto and any other Restaurants owned and operated by Franchisee pursuant to a validly existing franchise agreement.

  • 5.3.3 Franchisee will prepare and furnish to Franchisor a list of all general and limited partners in Franchisee, and Franchisee shall furnish to Franchisor an updated list from time to time to reflect any changes thereto.

Source: Item 22 — CONTRACTS (FDD page 101)

What This Means (2025 FDD)

According to Marble Slab Creamery's 2025 Franchise Disclosure Document, a franchisee operating as a partnership must provide specific documents to the franchisor. These include the partnership agreement itself, along with any other documents that Marble Slab Creamery may reasonably request. Furthermore, any amendments made to the partnership agreement must also be furnished to the franchisor.

In addition to the partnership agreement and related documents, the franchisee must also provide a list of all general and limited partners involved in the franchise. This list needs to be kept current, with updates furnished to Marble Slab Creamery to reflect any changes in the partnership structure.

These requirements ensure that Marble Slab Creamery maintains an accurate record of the franchisee's ownership and operational structure. This allows them to effectively communicate with and oversee the franchisee's activities, ensuring compliance with the franchise agreement and maintaining the integrity of the Marble Slab Creamery brand. Franchisees should maintain meticulous records of all partnership-related documents and updates to readily comply with these requirements.

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.