Are the provisions of the Crave Sublease subject to the term restrictions of the original Lease?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
3. The provisions of this Sublease are subject to the term restrictions of the original Lease. The original lease is dated
Source: Item 22 — CONTRACTS (FDD pages 62–63)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the provisions of the Sublease are indeed subject to the term restrictions outlined in the original Lease. The original lease agreement is between Crave WM Franchising LLC and Walmart INC. This means that the duration and any term-related conditions of the original lease between Walmart and Crave directly impact the Sublease agreement with the franchisee.
For a prospective Crave franchisee, this is a critical point to understand. The franchisee must comply with all the terms of the original lease between the Landlord (Walmart) and Crave as the Sublessor. This compliance extends to all aspects of the original lease, including but not limited to the lease term, renewal options, and any restrictions or obligations imposed by Walmart.
This arrangement carries potential implications for the franchisee's business operations. For example, if the original lease between Walmart and Crave has a limited term or specific renewal conditions, the franchisee's Sublease will be similarly constrained. Furthermore, any changes or amendments to the original lease could directly affect the franchisee's rights and obligations under the Sublease. Therefore, it is essential for a prospective franchisee to thoroughly review and understand the terms of the original lease, in addition to the Sublease agreement, to fully grasp the scope and limitations of their franchise rights and obligations.