Within how many days of the Craters & Freighters agreement execution must a suitable site be located?
Craters_Freighters Franchise · 2025 FDDAnswer from 2025 FDD Document
- 19.1 Non-curable Breaches. Franchisor will have the right to terminate this Agreement without prior notice to Franchisee upon the occurrence of any of the following events at any time during this Agreement, each of which will be deemed an incurable breach of this Agreement:
- 19.1.1 Failure or Refusal to Open. Franchisee fails or refuses to open the Franchised Business to the public within ninety (90) days after execution of this Agreement.
Source: Item 22 — CONTRACTS (FDD pages 49–50)
What This Means (2025 FDD)
According to the 2025 Craters & Freighters Franchise Disclosure Document, a franchisee must open their Craters & Freighters business to the public within 90 days after the franchise agreement is executed. Failure to do so is considered an incurable breach of the agreement, which means Craters & Freighters can terminate the agreement without prior notice.
This requirement underscores the importance of thorough preparation before signing the franchise agreement. Prospective franchisees should conduct extensive market research, secure financing, and evaluate potential locations before committing to the franchise. The 90-day window is relatively short, so having a site secured and plans in place is crucial.
Missing this deadline can have severe consequences, including the loss of the franchise and any upfront investment. This is stricter than some franchise agreements, which might allow more time or have a curable breach provision, where the franchisee has a chance to rectify the situation. Therefore, potential Craters & Freighters franchisees need to be confident in their ability to meet this aggressive timeline.