factual

Where can I find specific violations and cures related to non-compliance for a Crave Cookies franchise?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
Royalty 6% of your gross sales Twice monthly, on the 1st and the 16th See Note 1 and Note 2.
Marketing Fund Contribution 2% of your gross sales maximum allowed by law, then the maximum allowed by law) Twice monthly, on the 1st and the 16th See Item 11 for a detailed discussion about these funds. Amounts due will be withdrawn by electronic wire transfer from your designated bank account. because of insufficient funds in your account.
Costs of collection Our actual costs As incurred Payable if we incur costs (including reasonable attorney fees) in attempting to collect amounts you owe to us.
Special support fee Our then-current fee (currently, $600 per day), plus our expenses. On demand If we provide in-person support to you in response to your request, we may charge this fee plus any out-of-pocket expenses (such as travel, lodging, and meals for employees providing onsite support).
Customer complaint resolution Our expenses We may take any action we deem appropriate to resolve a customer complaint about your business. If we respond to a customer complaint, we may require you to reimburse us for our expenses.
Records audit Our actual cost On demand Payable only if (1) we audit you because you have failed to submit required reports or other non-compliance, or (2) the audit concludes that you under-reported gross sales by more than 3% for any 4-week period.
Special inspection fee Currently $600, plus our out-of-pocket costs On demand Payable only if we conduct an inspection of your business because of a governmental report, customer complaint or other customer feedback, or your default or non-compliance with any system specification.
System non-compliance fines and charges Amount to be specified in the Crave Operations Manual. Currently ranges between $50 and $2,000. As incurred To be paid in accordance with our electronic funds transfer or automatic withdraw program. Payable upon demand if you fail to correct deficiencies or non-compliance with our system.
Non-compliance, violation and fees Amounts range from $0 if infractions cured to maximum fines of $5000. When notified See Exhibit L for specific violations and cures. Exhibit L will also be included in the Franchise Agreement as Attachment 4.

Source: Item 6 — OTHER FEES (FDD pages 11–15)

What This Means (2025 FDD)

According to Crave Cookies's 2025 Franchise Disclosure Document, specific violations and cures related to non-compliance are detailed in Exhibit L. The document also states that Exhibit L will be included as Attachment 4 in the Franchise Agreement. The fees for non-compliance, violation, and associated cures can range from $0 if the infractions are corrected to a maximum fine of $5,000.

This means that as a prospective Crave Cookies franchisee, you should carefully review Exhibit L of the Franchise Disclosure Document and Attachment 4 of the Franchise Agreement to understand the specific actions or omissions that could lead to non-compliance penalties. Understanding these violations and their corresponding cures is crucial for maintaining a compliant franchise and avoiding potentially significant fines.

It is important to note that the fees for non-compliance are incurred when you are notified of the violation. Therefore, prompt action to correct any identified issues is essential to minimize financial penalties. Make sure to discuss Exhibit L with Crave Cookies during your due diligence to fully understand your obligations and potential liabilities.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.