factual

What is required for the Landlord and Tenant/Franchisee to make material modifications to the Stretch Zone lease?

Stretch_Zone Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. Modification of Lease. The Landlord and the Tenant/Franchisee will not make any material modifications to the Lease without the Franchisor's written consent, which consent the Franchisor will not unreasonably withhold, delay or condition.

Source: Item 8 — Receipts. Any sale made must be in compliance with § 683(8) of the Franchise Sale Act (N.Y. Gen. Bus. L. § 680 et seq.), which describes the time period a Franchise Disclosure Document (offering prospectus) must be provided to a prospective franchisee before a sale may be made. New York law requires a franchisor to provide the Franchise Disclosure Document at the earliest of the first personal meeting or ten (10) business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship. (FDD pages 99–263)

What This Means (2025 FDD)

According to Stretch Zone's 2025 Franchise Disclosure Document, if the Landlord and the Tenant/Franchisee want to make any material modifications to the lease, they must first obtain written consent from Stretch Zone. Stretch Zone also agrees to not unreasonably withhold, delay, or condition their consent.

This provision protects Stretch Zone's interests by ensuring that any changes to the lease agreement do not negatively impact the operation or brand standards of the franchise. It also ensures that Stretch Zone has oversight regarding the lease terms and can intervene if necessary to protect its investment and the integrity of its brand.

For a prospective Stretch Zone franchisee, this means that any desired changes to the lease must be communicated to and approved by Stretch Zone. While Stretch Zone agrees to be reasonable in its decision-making, franchisees should be prepared to justify any proposed modifications and understand that approval is not guaranteed. This requirement is fairly standard in franchising, as franchisors typically want to maintain control over key aspects of the business, including the location and lease terms.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.