What happens to the Crave Sublessee's property if the Landlord exercises the buyout right?

According to Crave's 2025 Franchise Disclosure Document, if the landlord exercises their buyout right and terminates the sublease agreement, the sublessee (the franchisee) is required to take specific actions regarding the subleased premises. The franchisee must immediately remove all property, signs, and trade fixtures from the location. Following the removal of their belongings, the franchisee must leave the subleased premises in its original condition ('as-is condition'), unless the sublessor (Crave WM Franchising LLC) requests a different condition.

This provision ensures that upon termination of the sublease due to a landlord buyout, the franchisee is responsible for clearing out the space promptly and returning it to a condition acceptable to Crave. This protects Crave from being held liable for the franchisee's abandoned property or any required restoration beyond the standard 'as-is' condition.

It is important for prospective Crave franchisees to understand this clause, as it means they will bear the cost and responsibility of removing all their business-related items from the premises if the landlord terminates the agreement. Franchisees should factor in potential removal expenses and the possibility of needing to quickly relocate their equipment and fixtures when evaluating the financial risks and operational logistics of the franchise.