What document must the Crave franchisee acknowledge receiving?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee acknowledges that it has received the CRAVE Franchising, LLC Franchise Disclosure Document with a complete copy of the Franchise Agreement and all related Attachments and agreements at least fourteen (14) calendar days prior to the date on which the Franchise Agreement was executed. Franchisee further acknowledges that Franchisee has read such Franchise Disclosure Document and understands its contents.
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the franchisee must acknowledge that they have received the Crave Franchising, LLC Franchise Disclosure Document. This document must include a complete copy of the Franchise Agreement and all related attachments and agreements.
Crave requires this acknowledgement to ensure that the franchisee has had ample opportunity to review the agreement and its contents before signing. Specifically, the franchisee must receive the Franchise Disclosure Document at least fourteen calendar days before the date on which the Franchise Agreement was executed. This waiting period is designed to allow the franchisee sufficient time to consult with attorneys, accountants, and other advisors.
The acknowledgement also confirms that the franchisee understands they have the knowledge and experience in financial and business matters to make an informed investment decision. Furthermore, the franchisee acknowledges that other Crave franchisees may operate under different agreements, which could result in differing obligations and rights between Crave and its franchisees.