Which exhibit to the Potbelly Sandwich Works Franchise Agreement contains the Franchisee Representations?
Potbelly_Sandwich_Works Franchise · 2025 FDDAnswer from 2025 FDD Document
| A. List of State Agencies/Agents for Service of Process | H. Franchisee Representations |
|---|---|
| B. Franchise Agreement | I. State Addenda and Franchise Agreement/Area Development Agreement Riders |
| C. | J-1. |
| Area Development Agreement | List of Franchisees |
| D. | J-2. |
| Principal's Agreement | List of Franchisees Who Left the System |
| E. | K. |
| Lease Rider/Collateral Assignment of Lease | Form of General Release |
| F. | L. |
| Operations Manual Table of Contents | Asset Purchase Agreement |
| G-1. | M. Non-Traditional Location Addendum to Franchise |
| Financial Statements | |
| G-2. | Agreement |
| Guarantee of Performance of Potbelly Corporation |
Source: Item 22 — CONTRACTS (FDD page 79)
What This Means (2025 FDD)
According to Potbelly Sandwich Works's 2025 Franchise Disclosure Document, Exhibit H to the Franchise Agreement contains the Franchisee Representations. This exhibit is a crucial part of the agreement as it outlines the statements and assurances made by the franchisee to Potbelly Sandwich Works. Franchisee representations are legally binding statements where the franchisee confirms that they meet certain qualifications, have conducted thorough due diligence, and understand the obligations of owning and operating a Potbelly Sandwich Works franchise.
Prospective franchisees should carefully review Exhibit H with their legal counsel to fully understand the scope and implications of these representations. Common representations often cover the franchisee's financial capacity, business experience, and understanding of the franchise system. By signing the Franchise Agreement, the franchisee is affirming the truthfulness and accuracy of these representations, which can have significant legal consequences if found to be false or misleading.
Understanding these representations is essential for ensuring a successful and compliant franchise operation. Franchisees should be prepared to provide documentation or other evidence to support their representations if requested by Potbelly Sandwich Works. This exhibit helps Potbelly Sandwich Works ensure that franchisees are qualified and committed to upholding the brand's standards and reputation.