What specific Walmart location is referenced in the Crave Personal Guaranty of Lease?

According to Crave's 2025 Franchise Disclosure Document, the specific Walmart location is not explicitly identified in the excerpts provided. The franchise agreement includes a section for the 'Accepted Location' of the Franchised Business, which is to be detailed in Attachment 1. However, the excerpts state that if there is no Accepted Location on the Effective Date, the address and designated territory will be determined and inserted after the premises is approved by Crave.

In the context of the Personal Guaranty of Lease, the document refers to 'certain premises, situated in the City of in the state of, within the Walmart location'. This indicates that the lease agreement is contingent upon Crave's approval of a specific site, and the details of that site, including the Walmart location, would be filled in accordingly. The franchisee's responsibility is to locate a site that meets Crave's guidelines and submit it for approval.

Prospective franchisees should note that the FDD emphasizes that Crave's approval of a location does not guarantee the success or profitability of the restaurant. The approval only signifies that the location meets Crave's minimum criteria at the time. It is crucial for franchisees to conduct their own due diligence and market research to assess the viability of any proposed location. Franchisees should directly ask Crave for a list of approved Walmart locations or the criteria used to evaluate and approve such locations.