Where does the Crave franchise agreement state that the performance of certain franchisee obligations, such as payment of monies and satisfaction of training requirements, shall occur?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
ms, signs, slogans, insignia, or copyrights not designated by us as Marks for use with different franchise systems for the sale of the different products or services not in connection with the System at any location, on such terms and conditions as we may deem advisable and without granting you any rights therein.
- 7.3.3 To develop, merchandise, sell and license others to sell any of our products, proprietary or otherwise, presently existing or to be developed in the future, to the public through alternative distribution channels outside or inside of the Development Area and to use the Marks in connection therewith.
- 7.4 You have sole responsibility for the performance of all obligations arising out of the operation of your business pursuant to this Agreement, including, but not limited to, the payment when due of any and all taxes levied or assessed by reason of such operation.
- 7.5 In all public records, in your relationship with other persons, and in any documents, you shall indicate clearly the independent ownership of your business and that the operations of said business are separate and distinct from the operation of a Crave Franchised Business.
Source: Item 23 — RECEIPTS (FDD pages 63–253)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, Section 7.4 outlines the franchisee's responsibility for fulfilling all obligations related to their business operations. This includes the timely payment of all taxes levied or assessed due to the operation of the Crave franchise.
Additionally, Section 7.9 states that a Crave franchise cannot be opened for business until a Franchise Agreement has been fully executed and the initial franchise fee has been paid in full. This means that the franchisee must meet these financial obligations before commencing operations.
Item 4 discusses the transfer of a franchise, stating that the transferee must complete any training programs in effect for Crave franchisees. The transferee is also responsible for paying a $5,000 transfer fee to cover the costs of reviewing the transfer application, including training expenses, and legal and accounting fees.