In what condition must the Crave Sublessee leave the Subleased premises if the Sublease terminates due to the Landlord's buyout right?

According to Crave's 2025 Franchise Disclosure Document, if the sublease is terminated because the landlord exercises their buyout right, the sublessee (franchisee) must take specific actions regarding the subleased premises. The franchisee is required to immediately remove all property, signs, and trade fixtures from the location. Following the removal of these items, the franchisee must leave the subleased premises in "as-is" condition. However, there is an exception, the franchisee must leave the subleased premises in a condition requested by the sublessor (Crave).

This provision protects the landlord and Crave by ensuring the premises are cleared and returned in acceptable condition, minimizing potential disputes or additional costs associated with the termination. For a prospective Crave franchisee, this means being prepared to quickly and efficiently vacate the premises if the landlord exercises their buyout right. This includes having a plan for removing all business-related items and understanding that the final condition of the premises may be dictated by Crave.

It is important for a potential Crave franchisee to understand the implications of the landlord's buyout provision and to factor in the potential costs and logistics of vacating the premises on short notice. This includes understanding any potential costs associated with improvements to the subleased premises, as the landlord may reimburse Crave for the unamortized portion of these costs, which Crave would then pass on to the franchisee. However, Crave is not responsible for these funds if the landlord determines cause for nonpayment.