What is the required condition of the subleased premises when the Crave Sublessee surrenders it after termination due to the Landlord's buyout?

According to Crave's 2025 Franchise Disclosure Document, if the sublease is terminated because the landlord exercises a buyout right, the sublessee must remove all property, signs, and trade fixtures from the subleased premises. The franchisee is then required to leave the premises in "as-is" condition, or in a condition requested by the sublessor.

This means that a Crave franchisee needs to be prepared to vacate the premises quickly and efficiently if the landlord decides to terminate the agreement. The franchisee will be responsible for the cost of removing all their equipment and fixtures.

The franchisee should clarify with Crave what specific conditions the sublessor might request upon surrendering the premises, as this could involve additional costs for cleaning or repairs beyond simply leaving the space in "as-is" condition. Understanding these potential requirements upfront is crucial for managing potential expenses and ensuring a smooth exit.