factual

What is Exhibit D in the Costa Vida Fresh Mexican Grill Franchise Agreement?

Costa_Vida_Fresh_Mexican_Grill Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit D Costa Vida Area Development Agreement

Development Area and Schedule

Development Area Map Ownership Addendum

Source: Item 22 — CONTRACTS (FDD pages 66–67)

What This Means (2025 FDD)

According to the 2025 Costa Vida Fresh Mexican Grill Franchise Disclosure Document, Exhibit D is the Costa Vida Area Development Agreement, which includes the Development Area and Schedule, and the Development Area Map Ownership Addendum.

This agreement is significant for franchisees interested in developing multiple Costa Vida Fresh Mexican Grill locations within a specific territory. The Area Development Agreement outlines the geographical area granted to the franchisee for development, along with a schedule specifying the timeline for opening new restaurants. This ensures that the franchisee commits to a structured expansion plan, and that Costa Vida Fresh Mexican Grill can manage its brand's growth effectively.

The inclusion of a Development Area Map Ownership Addendum suggests that the agreement also visually represents the designated development area and clarifies ownership details, which is crucial for avoiding territorial disputes and ensuring clear boundaries for the franchisee's expansion efforts. Prospective franchisees should carefully review Exhibit D to understand their development obligations, timelines, and territorial rights before signing the Franchise Agreement.

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.