What is the location of the subleased property within the Wal-Mart store for the Crave franchise?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
| THIS AGREEMENT made, entered and executed this | day of ,2024, by |
|---|---|
| and between, | |
| Crave WM Franchising LLC a Wyoming Limited Liability Company, located 159 | |
| N. Wolcott St. Suite 133, Casper, WY 82601 | herein after "Sublessor", and |
| , | Liability |
| a | Company located |
| Limited | at |
| , hereinafter called "Sublessee". Sublessor and Sublessee | |
| contract and agree as follows: | |
| Article I Sub-Leased Premises Sublessor hereby leases unto Sublessee the following space which consists of approximately Sublessor as Wal-Mart Store The subleased Premises is depicted on Exhibit A, attached hereto, (hereinafter "the subleased property"). | square feet of floor space located in the store commonly referred to by in the city of in the state of |
Source: Item 22 — CONTRACTS (FDD pages 62–63)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the subleased premises for a Crave franchise within a Wal-Mart store consists of an unspecified amount of square feet of floor space. The location is within a Wal-Mart store, but the city and state are not specified in the agreement. Exhibit A, which is attached to the sublease agreement, depicts the specific location of the subleased property.
This means that the exact location of the Crave restaurant within the Wal-Mart will vary from store to store and is determined by an exhibit (Exhibit A) that is part of the sublease agreement. A prospective franchisee needs to carefully review Exhibit A for their specific location to understand the layout and space they will be operating in.
Since the agreement is made and executed in 2024, the franchisee should confirm all details of the sublease agreement with Crave, including square footage, exact placement within the Wal-Mart store, and the city and state of the location. This is to ensure they have a clear understanding of the physical space they are leasing before signing the agreement.