Where can I find the Crab N Spice Rider to Lease Agreement?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
- A. Real Estate. Your business location is subject to our approval and must meet our specifications. You must use reasonable efforts to have your landlord sign our form of Rider to Lease Agreement (attached to this disclosure document as Exhibit D).
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 17–19)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, the Rider to Lease Agreement can be found as Exhibit D to the disclosure document. Crab N Spice requires franchisees to use reasonable efforts to have their landlord sign this form.
This requirement means that before signing a lease, prospective Crab N Spice franchisees should carefully review Exhibit D and understand its terms. It also implies that the location is subject to Crab N Spice's approval and must meet their specifications.
It is common in franchising for franchisors to have some level of control over site selection and lease terms to ensure brand consistency and protect their interests. Franchisees should discuss the Rider to Lease Agreement with a legal professional to fully understand their obligations and the landlord's responsibilities.