Who is the Franchisor in the Guaranty Agreement related to Mr. Sandless?
Mr_Sandless Franchise · 2025 FDDAnswer from 2025 FDD Document
| WHEREAS, a Franchise Agreement dated | ("Franchise Agreement"), has |
|---|---|
| been entered into between Mr. Sandless Franchise LLC ("Franchisor") and | |
| (referred to as "Franchisee") for the operation by Franchisee of a Mr. Sandless pursuant to such | |
| Franchise Agreement; and | |
| WHEREAS, the undersigned guarantor desires to guarantee the obligations of Franchisee to | |
| Franchisor; | |
| NOW, THEREFORE, the parties hereto, intending to be legally bound, do hereby agree as follows: | |
| The undersigned, as a person with an interest in a Mr. Sandless franchise, agrees to personally and | |
| unconditionally guarantee the obligations of Franchisee to Franchisor and shall personally be subject to and | |
| bound by all terms, conditions, restrictions and prohibitions contained in the Franchise Agreement | |
| including, without limitation, the confidentiality provisions, covenants, and indemnification provisions | |
| contained in Sections 12, 18 and 19.4, respectively. Further, the undersigned agrees to personally act as | |
| surety for the full and faithful performance of all of the financial obligations, commitments and payments | |
| required of the Franchisee in such Franchise Agreement. The undersigned agrees that Franchisor does not | |
| have to pursue any remedies it may have against the Franchisee or any other individual guarantor; but, | |
| rather, it may proceed directly and primarily against the undersigned with or without joining the Franchisee | |
| or other guarantors as principals or as named parties in any such proceeding. The undersigned is jointly | |
| and severally liable for such obligations, commitments and payments required of the Franchisee. | |
| Guarantor | |
| Address: |
Source: Item 22 — CONTRACTS (FDD page 42)
What This Means (2025 FDD)
According to the 2025 Mr. Sandless Franchise Disclosure Document, the franchisor in the Guaranty Agreement is Mr. Sandless Franchise LLC. This entity enters into a Franchise Agreement with the franchisee, and the guarantor agrees to guarantee the franchisee's obligations to Mr. Sandless Franchise LLC. This agreement ensures that the franchisor has recourse to the guarantor for the franchisee's performance.
The Guaranty Agreement is an attachment to the Mr. Sandless Single Unit Franchise Agreement. The guarantor, who has an interest in the Mr. Sandless franchise, agrees to personally and unconditionally guarantee the franchisee's obligations to the franchisor. This includes all terms, conditions, restrictions, and prohibitions in the Franchise Agreement, such as confidentiality, covenants, and indemnification provisions.
The guarantor also acts as surety for the franchisee's financial obligations, commitments, and payments. Mr. Sandless Franchise LLC does not have to pursue remedies against the franchisee before pursuing them against the guarantor. The guarantor is jointly and severally liable for the franchisee's obligations. This arrangement provides Mr. Sandless with an additional layer of security, ensuring that the financial and contractual obligations of the franchisee are met.