factual

According to the Crave Franchise Disclosure Document, who is the Multi-Unit Developer?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

MULTI-UNIT DEVELOPER: CRAVE FRANCHISING, LLC Samantha Rincione CEO and COO

Source: Item 23 — RECEIPTS (FDD pages 63–253)

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, the Multi-Unit Developer is CRAVE Franchising, LLC. The document includes attachments and agreements related to multi-unit development, specifying the obligations and performance schedules for developers. Samantha Rincione, as CEO and COO of CRAVE Franchising, LLC, is listed as an approving party for these agreements.

This indicates that CRAVE Franchising, LLC itself acts as the Multi-Unit Developer in the context of these agreements. This might mean that the company directly manages the development of multiple franchise units, or that it enters into agreements with other entities to develop multiple units on its behalf. The agreements outline the minimum performance schedules and development areas for these multi-unit projects.

Prospective franchisees should note that the FDD also includes addenda for specific states like Maryland, South Dakota, Virginia, and Indiana, which modify the terms of the Franchise Agreement and Multi-Unit Development Agreement. These addenda address issues such as financial assurances, termination conditions, choice of law, and non-compete covenants. Therefore, franchisees need to carefully review the specific addenda applicable to their state to understand their rights and obligations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.