What is the purpose of the Craters & Freighters disclosure document?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
This disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. Read this disclosure document and all agreements carefully.
If Craters & Freighters Franchise Company offers you a franchise, it must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, the Craters & Freighters Franchise Company or an affiliate in connection with the proposed franchise sale. Under Illinois, Iowa, Maine, Nebraska, Oklahoma, Rhode Island, or South Dakota law, if applicable, Craters & Freighters Franchise Company must provide this disclosure document to you at your first personal meeting to discuss the franchise. Under New York law, Craters & Freighters Franchise Company must provide this disclosure document to you at the earlier of the first personal meeting or 10 business days before the execution of the franchise or other agreement or the payment of any consideration that relates to the franchise relationship.
If Craters & Freighters Franchise Company does not deliver this disclosure document on time or if it contains a false or misleading statement, or a material omission, a violation of federal law and state law may have occurred and should be reported to the Federal Trade Commission, Washington, D.C. 20580 and the appropriate state agency identified on Exhibit A.
The name, principal business address and telephone number of our franchise sellers are:
Matthew Schmitz, 331 Corporate Circle, Suite J, Golden, CO 80401, (303) 399-8190.
Tony Shaw, 331 Corporate Circle, Suite J, Golden, CO 80401, (303) 399-8190.
Mark Giraldi, 331 Corporate Circle, Suite J, Golden, CO 80401, (303) 399-8190.
Phil Krieg, 331 Corporate Circle, Suite J, Golden, CO 80401, (303) 399-8190
Tom Raia, 331 Corporate Circle, Suite J, Golden, CO 80401, (303) 399-8190.
Sam Winfrey, 331 Corporate Circle, Suite J, Golden, CO 80401, (303) 399-8190.
Source: Item 23 — RECEIPTS (FDD pages 50–193)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, the disclosure document summarizes certain provisions of the franchise agreement and other information in plain language. The FDD emphasizes the importance of carefully reading the document and all related agreements. This is to ensure prospective franchisees understand the terms and conditions before entering into a binding agreement.
The FDD also outlines specific timeframes for when Craters & Freighters must provide the disclosure document to potential franchisees. In most cases, the document must be provided 14 calendar days before signing a binding agreement or making any payments related to the franchise. However, certain states like Illinois, Iowa, Maine, Nebraska, Oklahoma, Rhode Island, and South Dakota require the disclosure at the first personal meeting to discuss the franchise. New York law mandates it at the earlier of the first personal meeting or 10 business days before signing any agreement or making payments.
The document also informs prospective franchisees of their rights and recourse if Craters & Freighters fails to deliver the disclosure document on time, or if it contains false, misleading, or omits material information. In such cases, a violation of federal and state law may have occurred, which should be reported to the Federal Trade Commission and the appropriate state agency. The FDD also includes contact information for Craters & Freighters' franchise sellers, including their names, business addresses, and telephone numbers.