What is the condition for the franchisee to construct, open, or operate a Crave Cookies business under the MUDA?

According to the 2025 Crave Cookies Franchise Disclosure Document, a franchisee's right to develop each Crave Cookies franchise after the first store is subject to certain conditions under the Multi-Unit Development Agreement (MUDA).

First, the franchisee must, in Crave Cookies's reasonable judgment, possess sufficient financial and organizational capacity to develop, open, operate, and manage each additional Crave Cookies business. This implies that Crave Cookies will assess the franchisee's resources and capabilities to ensure they can handle the responsibilities of multiple locations.

Second, the franchisee must be in full compliance with all brand requirements at its open Crave Cookies businesses and not be in default under any Franchise Agreement or any other agreement with Crave Cookies Franchising. This means that the franchisee must maintain good standing with the brand, adhering to standards and fulfilling obligations to continue developing additional units. These conditions ensure that franchisees expanding under a MUDA are financially stable, well-organized, and compliant with Crave Cookies's standards, protecting the brand's reputation and consistency.