In the context of the Costa Vida Fresh Mexican Grill FDD, what does 'your Restaurant' refer to?
Costa_Vida_Fresh_Mexican_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
To simplify the language in this Disclosure Document, "Costa Vida," "CVM," "we," "us" and similar words, refer to the franchisor, Costa Vida Management, LLC, a Utah limited liability company ("Franchisor"). "You," and similar words, means the person or persons, including a corporate or other legal entity, individually and collectively, buying a franchise from us; and "your Restaurant" means the Costa Vida Restaurant that you will operate if we enter into a Costa Vida Franchise Agreement with you. We have also attached as Exhibit H a list of additional defined terms used in this Disclosure Document. If a capitalized term is not defined in the body of this Disclosure Document, please refer to Exhibit H for the definition.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–12)
What This Means (2025 FDD)
According to the 2025 Costa Vida Fresh Mexican Grill FDD, the term "your Restaurant" refers to the Costa Vida Fresh Mexican Grill restaurant that the franchisee will operate if they enter into a Franchise Agreement with Costa Vida Management, LLC. This definition is provided to clarify the language used throughout the document, ensuring that franchisees understand that "your Restaurant" specifically means the outlet they will be responsible for managing under the terms of the franchise agreement.
This definition is important for prospective franchisees as it sets the context for understanding their obligations and rights as outlined in the FDD. When the document refers to "your Restaurant," it is directly addressing the franchisee's responsibilities in operating their specific Costa Vida Fresh Mexican Grill location. This includes adhering to system standards, offering designated products and services, and operating at an approved location.
Understanding this definition helps franchisees interpret other sections of the FDD related to competition, co-branding, and operational requirements. For example, the FDD mentions that "your Restaurant" will compete with other fast-food restaurants and even other Costa Vida Fresh Mexican Grill locations. Knowing that "your Restaurant" refers to their specific franchise clarifies that they are responsible for managing their location's competitive position within the broader market.