In the context of the Multi-Unit Development Agreement, what does 'MUDA' stand for in relation to Crave Cookies?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
| This Multi-Unit Development Agreement (this "MUDA") is made between Crave Cookies | |
|---|---|
| Franchising, | |
| LLC, | |
| a | |
| Utah | |
| limited | |
| liability | |
| company | |
| ("Crave | |
| Cookies | |
| Franchising") | |
| and | |
| ("Franchisee") | |
| on | |
| the | |
| Effective | |
| Date. |
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
According to Crave Cookies's 2025 Franchise Disclosure Document, MUDA stands for Multi-Unit Development Agreement. This agreement is made between Crave Cookies Franchising, LLC, and the franchisee.
The Multi-Unit Development Agreement outlines the terms and conditions under which a franchisee can develop multiple Crave Cookies businesses. This includes the schedule for opening new locations and the associated fees. The agreement is designed for franchisees who commit to opening more than one Crave Cookies location.
Simultaneously with the MUDA, the franchisee and Crave Cookies execute a Franchise Agreement for the initial Crave Cookies business. For each additional franchise, the franchisee must execute Crave Cookies Franchising's current standard franchise agreement within three business days of leasing or acquiring a location. The MUDA itself does not grant the right to operate a Crave Cookies business; a separate franchise agreement is required for each location.