What restrictions apply to the Crave Sublease due to the original lease?

According to Crave's 2025 Franchise Disclosure Document, the sublease agreement between Crave WM Franchising LLC and the franchisee (Sublessee) is subject to the restrictions outlined in the original lease between Crave WM Franchising LLC and Walmart INC. The specific date of the original lease is not provided in this document. The franchisee must adhere to all terms specified in that original lease. This means that the franchisee's rights and obligations under the sublease are directly impacted by what Crave has already agreed to with Walmart.

This condition is significant for a prospective Crave franchisee because it introduces a layer of complexity and potential constraints beyond the sublease itself. The franchisee needs to understand the terms of the original lease to fully grasp their obligations and limitations. For example, the original lease might contain clauses about permitted uses, restrictions on signage, or requirements for maintenance and repairs that the franchisee must also follow. Failure to comply with these terms could result in a breach of the sublease, even if the franchisee is otherwise in compliance with the sublease agreement itself.

To fully understand the scope of these restrictions, a prospective Crave franchisee should request a copy of the original lease between Crave WM Franchising LLC and Walmart INC. This will allow them to review all relevant terms and conditions and assess any potential risks or limitations associated with the sublease. It is essential to clarify any ambiguities or concerns with Crave before signing the sublease agreement to avoid future disputes or unexpected obligations. Understanding the original lease is a crucial part of due diligence for any franchisee considering a sublease arrangement with Crave.