What is Attachment F related to in the Southern Steer franchise agreement?

According to the 2025 Southern Steer Franchise Disclosure Document, Attachment F pertains to the Landlord's Consent to Assignment of Lease. This attachment is a standard legal document where the landlord of the property where the Southern Steer franchise will operate agrees to allow the franchisee to transfer their lease to another party under certain conditions. This is a crucial element in the franchise agreement, as it outlines the procedure for transferring the lease, which is especially relevant if the franchisee decides to sell the business or if Southern Steer Franchising International, LLC needs to take over the lease.

For a prospective Southern Steer franchisee, understanding the terms within Attachment F is essential. It ensures that the franchisee is not unduly restricted in their ability to assign or sublet the lease, which could be necessary for various business reasons. The attachment protects the franchisee by setting out clear conditions under which the landlord will consent to an assignment, such as to the franchisor or another franchisee. This provides a level of security and flexibility for the franchisee's business operations.

Attachment F also benefits Southern Steer Franchising International, LLC, as it streamlines the process of transferring a lease to a new franchisee or to the company itself if the original franchisee defaults or exits the business. This ensures business continuity and protects the brand's presence in that location. The franchisee should carefully review this attachment with legal counsel to fully understand their rights and obligations regarding the lease assignment, as it directly impacts their ability to transfer the business in the future.