Does the Cr3 American Exteriors Disclosure Document include a Franchise Agreement?
Cr3_American_Exteriors Franchise · 2025 FDDAnswer from 2025 FDD Document
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ITEM 23 RECEIPTS
Exhibit H contains two copies of a Receipt of our Disclosure Document. You must sign, date and deliver one copy of the Receipt Page to us for our records.
EXHIBIT A-STATE SPECIFIC ADDENDA TO THE FRANCHISE DISCLOSURE DOCUMENT AND FRANCHISE AGREEMENT
The following State Specific Addendum applies to the Tectum Franchising LLC d/b/a CR3 American Exteriors Disclosure Document and may supersede, to the extent then required by valid applicable state law, certain portions of the Franchise Agreement dated and all related agreements.
The provisions of this State Specific Addendum to Franchise Disclosure Document and Franchise Agreement apply only to those persons residing or operating CR3 American Exteriors LLC in the following states: California, Hawaii, Illinois, Indiana, Maryland, Minnesota, New York, North Dakota, South Dakota, Rhode Island, Virginia, Washington, and Wisconsin.
Source: Item 23 — RECEIPTS (FDD pages 53–150)
What This Means (2025 FDD)
Yes, the Cr3 American Exteriors 2025 Franchise Disclosure Document (FDD) includes a sample of the Franchise Agreement. Item 23 references the Franchise Agreement and Exhibit A, which contains state-specific addenda that may supersede portions of the Franchise Agreement. Additionally, the document includes a receipt that acknowledges the FDD summarizes certain provisions of the Franchise Agreement.
Several sections of the FDD discuss specific terms and conditions found within the Franchise Agreement. For example, the FDD mentions provisions for termination upon bankruptcy, covenants not to compete, and conditions for termination and non-renewal, particularly in the context of California and Illinois law. These references indicate that the Franchise Agreement contains detailed clauses regarding the franchisee's obligations, the franchisor's rights, and the circumstances under which the agreement can be terminated.
The Single Unit Franchise Agreement excerpt outlines the relationship between Cr3 American Exteriors and the franchisee, defining the scope of the franchise, the grant of territory, and the responsibilities of both parties. It specifies that the franchisee operates as an independent contractor and must adhere to the standards and specifications outlined in the manuals. The agreement also covers training requirements, including initial and advanced training, and non-competition covenants during the term of the agreement.
Prospective franchisees should carefully review the Franchise Agreement and any state-specific addenda to understand their rights and obligations. It is crucial to consult with a legal professional to ensure full comprehension of the agreement's terms and implications, especially concerning termination, non-renewal, and non-competition clauses, as these may be subject to state-specific regulations.