What exhibits are attached to the Craters & Freighters Franchise Agreement?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 22 CONTRACTS
Attached are the following agreements proposed for use in connection with our offering of Franchised Businesses:
Exhibit:
- F Franchise Agreement
- Attachment A: Territory, Initial Franchise Fee, and Premises
- Attachment B: Minimum Performance Standards and Minimum Monthly Royalty Fees
- Attachment C: EFT Authorization Form
- Attachment D: Form of Collateral Assignment of Lease and Addendum
- Attachment E: Owner's Guaranty & Assumption of Franchisee's Obligations
- Attachment F: Confidentiality and Non-Competition Agreement
- G State Specific Addendum to the Franchise Disclosure Document and Franchise Agreement
- H Statement of Franchisee
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, several exhibits are attached to the franchise agreement. These attachments provide further details and clarification on specific aspects of the franchise relationship.
Attachment A outlines the franchisee's territory, the initial franchise fee, and the premises from which the franchisee will operate. Attachment B details the minimum performance standards that a franchisee must meet, along with the minimum monthly royalty fees they are obligated to pay. Attachment C is the EFT (Electronic Funds Transfer) Authorization Form, which allows Craters & Freighters to directly debit the franchisee's account for fees and royalties.
Attachment D provides the form of the Collateral Assignment of Lease and Addendum, which is related to the lease agreement for the franchisee's business location. Attachment E consists of the Owner's Guaranty & Assumption of Franchisee's Obligations, ensuring that the owner personally guarantees the franchisee's obligations under the agreement. Attachment F is the Confidentiality and Non-Competition Agreement, which restricts the franchisee from engaging in competitive activities during and after the franchise term. Finally, Exhibit G includes any State-Specific Addenda to the Franchise Disclosure Document and Franchise Agreement, and Exhibit H is the Statement of Franchisee.
Prospective franchisees should carefully review each of these exhibits, as they contain important information about their rights, responsibilities, and restrictions as a Craters & Freighters franchisee. Understanding these attachments is crucial for making an informed decision about investing in a Craters & Freighters franchise.