What does Craters & Freighters provide to prospective franchisees to facilitate discussions with existing franchisees?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
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- I have had an opportunity to consult with an independent professional advisor, such as an attorney or accountant, prior to signing any binding documents or paying any sums, and Craters & Freighters Franchise Company has strongly recommended that I obtain such independent advice. I have also been strongly advised by Craters & Freighters Franchise Company to discuss my proposed purchase of a Craters & Freighters Franchised Business with any existing Craters & Freighters franchisees prior to signing any binding documents or paying any sums and Craters & Freighters Franchise Company has supplied me with a list of all existing franchisees if any exist.
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
According to the 2025 FDD, Craters & Freighters Franchise Company advises prospective franchisees to speak with existing Craters & Freighters franchisees before signing any binding documents or paying any sums. To facilitate this, Craters & Freighters Franchise Company will supply a list of all existing franchisees, if any exist.
This is a common practice in franchising, as it allows potential franchisees to gain first-hand insights into the business from those who are already operating it. Speaking with current franchisees can provide valuable information about the day-to-day operations, challenges, and rewards of running a Craters & Freighters franchise.
Prospective franchisees should use this opportunity to ask detailed questions about the business model, the level of support provided by Craters & Freighters, and the overall experience of being a franchisee. It is important to note that the FDD includes Exhibit C, which is a list of current franchisees, and Exhibit D, which is a list of former franchisees, as of the issuance date of April 11, 2025.