What is a 'Franchised Restaurant' in the context of a Costa Vida Fresh Mexican Grill franchise?
Costa_Vida_Fresh_Mexican_Grill Franchise · 2025 FDDAnswer from 2025 FDD Document
- "Franchised Restaurant" A Costa Vida Restaurant which is owned, controlled and operated by any person, persons, entity or entities other than us or our Affiliates pursuant to a Costa Vida franchise agreement duly executed by us and them.
Source: Item 22 — CONTRACTS (FDD pages 66–67)
What This Means (2025 FDD)
According to Costa Vida Fresh Mexican Grill's 2025 Franchise Disclosure Document, a 'Franchised Restaurant' is defined as a Costa Vida Restaurant that is owned, controlled, and operated by someone other than Costa Vida Fresh Mexican Grill or its affiliates. This ownership and operation are conducted under a Costa Vida franchise agreement that has been properly executed by both Costa Vida Fresh Mexican Grill and the franchisee.
In simpler terms, a franchised Costa Vida Fresh Mexican Grill restaurant is one that is run by an independent business owner (the franchisee) who has been granted the rights to operate the restaurant using the Costa Vida Fresh Mexican Grill brand, system, and trademarks. This is in contrast to restaurants that are directly owned and operated by the Costa Vida Fresh Mexican Grill corporate entity.
This definition is important for prospective franchisees as it clarifies the relationship between the franchisee and the franchisor. It establishes that the franchisee has the responsibility for the day-to-day operations and management of their restaurant, while adhering to the standards and guidelines set by Costa Vida Fresh Mexican Grill. Understanding this distinction is crucial for anyone considering investing in a Costa Vida Fresh Mexican Grill franchise.