When is the development fee fully earned by Crave under a Multi-Unit Development Agreement?

According to Crave's 2025 Franchise Disclosure Document, the development fee associated with a Multi-Unit Development Agreement is considered fully earned by Crave upon receipt. This fee is non-refundable and will not be credited towards any future fees that the franchisee may owe under any Franchise Agreement or other arrangement.

For a prospective franchisee, this means that once the development fee is paid to Crave, it is non-refundable, regardless of whether the franchisee successfully opens all of the committed locations. This is a standard practice in franchising, as the development fee compensates the franchisor for granting the rights to develop a specific territory and for the initial support and resources provided.

It is important for potential multi-unit developers to carefully consider their ability to meet the development schedule and financial obligations before entering into a Multi-Unit Development Agreement with Crave, as the development fee is non-refundable. This policy is uniformly applied to all multi-unit developers.