What determines the Effective Date of the Potbelly Sandwich Works Non-Traditional Location Addendum?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
IN WITNESS WHEREOF, the parties have signed and delivered this Addendum on the dates noted below, to be effective as of the Effective Date.
POTBELLY FRANCHISING, LLC, [FRANCHISEE ENTITY], an Illinois limited liability company a(n) [Signature] [Signature] [Print Name] [Print Name] DATED: DATED:
Source: Item 22 — CONTRACTS (FDD page 79)
What This Means (2025 FDD)
According to Potbelly Sandwich Works' 2025 Franchise Disclosure Document, the Effective Date for the Non-Traditional Location Addendum is determined by the dates the parties sign and deliver the agreement. The addendum becomes effective as of that date.
This means that the terms and conditions outlined in the addendum, which supplement the standard franchise agreement, become legally binding on both Potbelly Sandwich Works and the franchisee from the Effective Date forward. This date is a critical reference point for other timelines and obligations within the agreement.
Prospective franchisees should pay close attention to the dates entered on the agreement and addendum, as these establish the commencement of their rights and responsibilities. It is common practice in franchising for the effective date to trigger various obligations, such as site selection timelines or training schedules. Therefore, understanding the Effective Date is crucial for managing the franchise's initial setup and ongoing operations.