What document specifies the number of Crave Restaurants or Food Trucks a developer must operate under the Multi-Unit Development Agreement?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
Multi-Unit Development Agreement: Under the Multi-Unit Development Agreement we grant you the right to develop and operate (under separate Franchise Agreements) the number of Crave Restaurants or Food Trucks in the Development Area that is specified in the Minimum Performance Schedule, which is an attachment to the Multi-Unit Development Agreement. The Development Area is typically described in terms of municipal or county boundaries but may be defined as a specified trade area in a municipality. The actual size of the Development Area will vary depending upon the availability of
contiguous markets, our long-range development plans, your financial and operational resources, the number and mix of Restaurants and Food Trucks you commit to develop, population, and market conditions. Our designation of a particular Development Area is not an assurance or warranty that there are enough suitable sites for Restaurants or suitable municipalities for Food Trucks in the Development Area for you to meet your Minimum Performance Schedule. The responsibility to locate and prepare enough suitable sites/municipalities is solely yours and we have no obligation to approve sites or municipalities which do not meet our criteria for you to meet the Minimum Performance Schedule.
Source: Item 12 — TERRITORY (FDD pages 42–46)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the number of Crave Restaurants or Food Trucks a developer must operate under the Multi-Unit Development Agreement is specified in the Minimum Performance Schedule. This schedule is an attachment to the Multi-Unit Development Agreement. The agreement grants the developer the right to develop and operate the specified number of Crave Restaurants or Food Trucks within a designated Development Area.
The Development Area is typically defined by municipal or county boundaries but can also be a specified trade area within a municipality. The actual size of the Development Area varies based on factors such as the availability of contiguous markets, Crave's long-range development plans, the franchisee's financial and operational resources, the number and mix of Restaurants and Food Trucks the franchisee commits to develop, population, and market conditions.
Crave does not guarantee that there will be enough suitable sites or municipalities within the Development Area for the franchisee to meet the Minimum Performance Schedule. It is the franchisee's sole responsibility to locate and prepare enough suitable sites or municipalities, and Crave has no obligation to approve sites or municipalities that do not meet its criteria. To maintain rights under the Multi-Unit Development Agreement, the franchisee must have the cumulative number of Franchised Businesses open and operating by the dates agreed upon in the Minimum Performance Schedule. Failure to do so can result in a loss of territorial exclusivity or termination of the agreement.