factual

Where does Craters & Freighters conduct the cargo insurance training?

Craters_Freighters Franchise · 2025 FDD

Answer from 2025 FDD Document

After the execution of the lease for the Franchised Business and prior to the opening of the Franchised Business, we will provide an initial training program regarding the operations of a Craters & Freighters Franchised Business ("Initial Training Program"). We conduct the Initial Training Program based on the schedules of incoming franchisees and our team members who conduct the program. Approximately nine (9) days of training will be furnished at our corporate headquarters in Golden, Colorado, and/or one (1) or more of our franchise locations in Colorado. There is no limit to the number of individuals who are entitled to participate in the Initial Training Program as long as you (or a principal owner of the franchisee entity) complete the Initial Training Program to our satisfaction and participate in all other activities required by us to open your Franchised Business. You will be responsible for all travel and living expenses incurred in connection with the Initial Training Program. Upon your request, we will provide approximately three (3) days of additional training at

your Franchised Business during normal business hours after the opening of your Franchised Business. If you fail to complete the Initial Training Program to our satisfaction, we may terminate the Franchise Agreement.

If you engage a Designated Manager at any time prior to the opening of your Franchised Business, the Designated Manager must successfully complete the Initial Training Program to our satisfaction prior to such Designated Manager assuming any management responsibilities in connection with your Franchised Business. The cost of the Initial Training Program for a Designated Manager engaged by you prior to the opening of your Franchised Business will be borne by us. The cost of any training provided by us (upon your request or as determined by us) to any Designated Manager engaged by you after the opening of your Franchised Business will be paid by you based on our then-current daily rate for additional training; you will also reimburse us for the out-of-pocket expenses we incur in providing such training including, but not limited to, all travel and living expenses.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 22–29)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, Craters & Freighters conducts its Initial Training Program, which lasts approximately nine days, at their corporate headquarters in Golden, Colorado, and/or at one or more of their franchise locations also in Colorado. This training occurs after the franchise lease is executed but before the franchise opens.

The Initial Training Program is mandatory for the franchisee or a principal owner. There is no limit to the number of people who can attend the Initial Training Program. However, the franchisee is responsible for all travel and living expenses incurred while attending the training.

If a Designated Manager is engaged before the franchise opens, they must also complete the Initial Training Program. Craters & Freighters bears the cost of this initial training for the Designated Manager. However, if training is provided to a Designated Manager hired after the franchise opens, the franchisee will pay Craters & Freighters' then-current daily rate for additional training and reimburse out-of-pocket expenses.

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.