factual

What is the purpose of Exhibit D in the Crave Franchise Agreement addendum?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit D – List of Franchisees and Franchisees Who Have Left the System

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

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, Exhibit D to the Franchise Agreement addendum contains a list of franchisees and franchisees who have left the Crave system. This exhibit provides transparency to potential franchisees by giving them access to information about the current and former members of the franchise network.

For a prospective franchisee, this list can be a valuable resource for conducting due diligence. By reviewing the list, a potential franchisee can identify current franchisees to contact and learn about their experiences with Crave. Additionally, the list of former franchisees may offer insights into reasons why franchisees may have left the system, which could inform the prospective franchisee's decision-making process.

It is important to note that the FDD does not specify the level of detail provided in Exhibit D regarding the franchisees who have left the system. A prospective franchisee should inquire with Crave about the specific information included in Exhibit D, such as the dates of operation, contact information (if available), and reasons for leaving the franchise system, to gain a comprehensive understanding.

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.