What agreements must a Mrcool franchisee and their landlord execute regarding the Center Location?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
g the Franchise Agreement, as such initial franchise fee is set forth and defined in Section 4.2 of this Agreement as to the Development Centers.
5.3 MODIFICATIONS TO FRANCHISE AGREEMENT
Franchisee agrees that what constitutes Franchisor's then current Franchise Agreement shall be determined by Franchisor, in Franchisor's exclusive discretion and that, among other things, the Franchise Agreement may be modified from time to time by Franchisor and that reasonable modification and amendments to the Franchise Agreement will not alter Franchisee's obligations under this Agreement.
5.4 COMPLIANCE WITH FRANCHISE AGREEMENTS
Franchisee will operate the Development Centers and all other MRCOOL Centers in strict compliance with the terms and conditions of each respective Franchise Agreement.
5.5 SITE SELECTION
Franchisee will be solely responsible for selecting the site(s) for the Franchisee's Center Locations. In accordance with the terms and conditions of each respective Franchise Agreement, Franchisee must obtain Franchisor's prior written approval as to each potential Center Location selected by Franchisee. Franchisee will retain an experienced commercial real estate broker or salesperson who has sufficient experience in locating Center sites to locate, acquire, purchase or lease the site for the Franchisee's Development Centers.
Source: Item 23 — RECEIPTS (FDD pages 55–263)
What This Means (2025 FDD)
Based on the 2025 Mrcool Franchise Disclosure Document, there is no mention of required agreements between the Mrcool franchisee and their landlord. The document does state that the franchisee is responsible for selecting the site for their Mrcool Center location and must obtain Mrcool's prior written approval for the location. Mrcool may request information regarding the proposed site, including accessibility, visibility, potential traffic flows, and lease terms. The franchisee cannot enter into any lease or purchase agreement until Mrcool has approved the site.
While the FDD outlines the site selection process and Mrcool's approval rights, it does not specify any required agreements between the franchisee and the landlord. This suggests that the specific lease agreement terms are primarily the responsibility of the franchisee, subject to Mrcool's approval of the overall location.
A prospective franchisee should clarify with Mrcool what specific lease terms or landlord agreements, if any, Mrcool requires or recommends. Understanding Mrcool's expectations for the lease agreement will be crucial in negotiating favorable terms and ensuring compliance with Mrcool's standards.