Does Cr3 American Exteriors generally own the premises and lease it to the franchisee?

According to Cr3 American Exteriors' 2025 Franchise Disclosure Document, the company does not generally own the premises and lease it to the franchisee. Furthermore, Cr3 American Exteriors does not provide assistance with lease or purchase negotiations. This means that franchisees are responsible for finding and securing their own location, as well as negotiating the terms of their lease or purchase agreement.

This arrangement places the responsibility and risk of site selection and lease negotiation directly on the franchisee. While Cr3 American Exteriors may offer guidance regarding site selection, the final decision and all associated costs fall to the franchisee. This includes finding a location that meets the brand's requirements of approximately 1,000-1,500 square feet of commercial office/warehouse or flex space.

Prospective franchisees should carefully consider the implications of this arrangement, including the time and resources required to find a suitable location and negotiate favorable lease terms. They should also factor in the potential costs associated with securing a location, such as security deposits, build-out expenses, and legal fees. It is important to note that Cr3 American Exteriors must approve any site the franchisee selects before a lease is signed.

Franchisees have a limited time frame to secure a location. If a site is not located within 4 months of signing the franchise agreement, Cr3 American Exteriors may, at its sole discretion, allow more time, terminate the Franchise Agreement without any refund, or require the franchisee to immediately begin making monthly payments equal to the Minimum Monthly Royalty Fee.