What representations and warranties does Southern Steer require from the franchisee regarding the lease?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
If the Franchisee, any of the Owners, or an Entity owned by the Franchisee and/or any of the Owners, owns, leases or otherwise controls the Franchised Location, including the land, building and related real estate, or if the Franchisee, any of the Franchisee's Owners, or an Entity owned by the Franchisee and/or any of the Owners owns 50.1% or more of an Entity that owns, leases or otherwise controls the Franchised Location, then the Franchisee will, as the lessee, enter into
Source: Item 22 — ITEM. 22 CONTRACTS (FDD pages 61–168)
What This Means (2025 FDD)
According to the 2025 Southern Steer Franchise Disclosure Document, if the franchisee, any of the owners, or an entity owned by the franchisee owns, leases, or controls the franchised location, they will enter into a lease agreement with Southern Steer. This applies if the franchisee owns 50.1% or more of an entity that controls the franchised location.
Southern Steer does not assist in site selection or provide real estate expertise. The franchisee releases Southern Steer from any claims related to the site's purchase or lease. Franchisees must provide written evidence that they own or have the right to lease the franchised location for at least five additional years after the initial or successor term.
Southern Steer provides template plans and specifications, but franchisees are responsible for modifications due to unique site aspects. Franchisees must retain a licensed architect for working drawings and construction plans, subject to Southern Steer's review and approval. The franchised location must conform to Southern Steer's design standards, and any changes require prior approval.