factual

Can Crave assign its options in Section 18 to another party without the franchisee's consent?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

We shall be entitled to assign any and all of our options in this Section to any other party, without your consent.

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

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, Crave has the right to assign any and all of its options in Section 18 to another party without obtaining consent from the franchisee. This means that Crave can transfer its rights and responsibilities under those specific options to a third party without needing the franchisee's approval.

This clause could impact a prospective franchisee because it gives Crave considerable flexibility in managing its own obligations and rights related to the franchise agreement. For example, if Section 18 includes options related to property leases or supply agreements, Crave could transfer these to another company, potentially changing the terms or conditions under which the franchisee operates.

While this provides Crave with flexibility, it also introduces an element of uncertainty for the franchisee, who may have to deal with a new entity and different terms as a result of such an assignment. Franchisees should carefully review Section 18 of the franchise agreement to understand the specific options Crave can assign and consider the potential implications of such assignments on their business operations.

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.