What city is the Walmart location in, as referenced in the Crave Personal Guaranty of Lease?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| Crave WM Franchising LLC, a Wyoming limited liability company ("Sublessor"), | |
|---|---|
| executes this Sublease (the "Sublease") herewith between Sublessor and | |
| , a | limited liability |
| company ("Sublessee"), covering certain premises, situated in the City of | in the state of, within the |
| Walmart location located at The undersigned, jointly and |
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the city of the Walmart location is not specified within the Personal Guaranty of Lease itself. The document only indicates that the premises are situated in a city within a state, inside a Walmart location.
Specifically, the Sublease agreement, which the Guaranty pertains to, leaves blanks for the city and state. This means that the location details are determined separately and filled in for each individual franchise agreement.
A prospective Crave franchisee should carefully review Attachment 1 to their Franchise Agreement, as it contains the Accepted Location, to confirm the exact address of their Crave restaurant. They should also consult with Crave's franchising team to obtain clarity on the site selection process and ensure that the lease agreement accurately reflects the agreed-upon location.