factual

What is the Crave franchisee's responsibility regarding printing their name on the ACH form?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

FRANCHISEE (Entity): FRANCHISOR: CRAVE FRANCHISING, LLC
By: Name: Title: By: Name: Samantha Rincione Title: CEO and COO
FRANCHISEE (Principal):
Name:
FRANCHISEE (Principal):
Name:

Source: Item 23 — RECEIPTS (FDD pages 63–253)

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, the franchisee must provide their name on the Electronic Transfer Authorization form, also known as the ACH form. Specifically, the franchisee, whether an entity or a principal, must sign and print their name and title on the provided lines. Samantha Rincione, as CEO and COO of Crave Franchising, LLC, will also sign the form.

This ACH form authorizes Crave WM Franchising, LLC to initiate debit and credit entries to the franchisee's checking or savings account for electronic funds transfers. The franchisee's bank is authorized to honor these charges, provided sufficient funds are available.

The franchisee agrees that the bank has the same rights regarding these charges as if they were checks drawn and signed by the franchisee. The bank bears no liability if a charge is dishonored, whether intentionally or inadvertently. This agreement ensures Crave can manage financial transactions directly with the franchisee's account for ongoing fees and other financial obligations outlined in the franchise agreement.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.