In the Carvel FDD, what does the term 'we' refer to?
Carvel Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this Disclosure Document, "we," "us," or "our" means Carvel Franchisor SPV LLC, the franchisor.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 9–24)
What This Means (2025 FDD)
According to Carvel's 2025 Franchise Disclosure Document, the terms "we," "us," or "our" refer to Carvel Franchisor SPV LLC, which is the franchisor. This definition is provided to simplify the language used throughout the document. Understanding this definition is crucial for a prospective franchisee as it clarifies who is making the statements, promises, and obligations within the FDD and the franchise agreement.
This definition is important because it establishes the legal entity with whom the franchisee will be contracting. Carvel Franchisor SPV LLC is the entity that grants the franchise, provides support, and enforces the terms of the franchise agreement. Knowing that "we" refers specifically to this entity helps franchisees understand their rights and responsibilities in relation to Carvel.
For a prospective Carvel franchisee, this definition means that any statement made using "we," "us," or "our" in the FDD should be understood as coming directly from Carvel Franchisor SPV LLC. This includes obligations related to training, site selection, providing the operating system, and other aspects of the franchise relationship. It is essential to keep this definition in mind while reviewing the FDD to fully understand the franchisor's commitments and the franchisee's corresponding expectations.