Where is the location of the approved Craters & Freighters premises documented?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
- 4.2 Lease of Premises. Franchisee acknowledges that Franchisor must approve the lease, and any renewal of such lease (collectively, "Lease") for the Premises of the Franchised Business prior to executing such Lease. Franchisor's approval of such Lease cannot be unreasonably withheld or delayed. Franchisee agrees to use Franchisee's best efforts to incorporate into the Lease the terms and conditions set forth in the form of Collateral Assignment of Lease and Addendum, attached hereto as Attachment D to this Agreement. Franchisee acknowledges that Franchisor's approval of the Lease for the Premises does not constitute a guarantee or warranty by Franchisor, express or implied, of the successful operation or profitability of a Craters & Freighters Franchised Business operated at the Premises and indicates only that Franchisor believes the terms and conditions of the Lease fall within the acceptable criteria established by Franchisor as of that time. Franchisee agrees to deliver a copy of the executed Lease to Franchisor within fifteen (15) days after the execution of such Lease.
- 4.3 Development of the Premises. Franchisee will be solely responsible for developing and furnishing the Premises. Franchisor will provide to Franchisee mandatory or suggested specifications for the premises of a Craters & Freighters Franchised Business including but not limited to those involving dimensions, design, image, interior layout, décor, fixtures, Equipment, computer hardware and software, signs, and color scheme which Franchisor has approved based on its standards for quality, design, appearance, function, and performance. Franchisee must provide Franchisor with the construction plans for the Premises ("Construction Plans"), and receive Franchisor's written approval of such Construction Plans, before construction of the Premises commences. Franchisee will, upon request by Franchisor, submit to Franchisor all revised or "as
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, the lease for the premises of the franchised business, including any renewals, requires approval from Craters & Freighters before it is executed. This approval will not be unreasonably withheld or delayed. The franchisee must try to incorporate the terms and conditions outlined in the Collateral Assignment of Lease and Addendum, which is included as Attachment D to the Franchise Agreement.
Craters & Freighters' approval of the lease does not act as a guarantee of the business's success or profitability at that location. It only indicates that the lease terms meet the criteria established by Craters & Freighters at that time. The franchisee is required to provide a copy of the executed lease to Craters & Freighters within 15 days of its execution.
The franchisee is responsible for developing and furnishing the premises in accordance with Craters & Freighters' mandatory or suggested specifications, which cover dimensions, design, image, interior layout, décor, fixtures, equipment, computer hardware and software, signs, and color scheme. The franchisee must submit construction plans for the premises and receive written approval from Craters & Freighters before starting construction.