For the first Crave Cookies store, when is the Franchise Agreement executed in relation to the MUDA?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2. Form of Agreement. For Store #1, Franchisee and Crave Cookies Franchising have executed the Franchise Agreement simultaneously with this MUDA. For each additional Crave Cookies franchise, Franchisee shall execute Crave Cookies Franchising's then-current standard form of franchise agreement no later than three business days after Franchisee leases or acquires a location. This MUDA does not give Franchisee the right to construct, open, or operate a Crave Cookies business, and Franchisee acknowledges that Franchisee may construct, open, and operate each Crave Cookies business only pursuant to a separate franchise agreement executed pursuant to this MUDA for each such Crave Cookies business.
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
According to Crave Cookies's 2025 Franchise Disclosure Document, for the first store, the Franchise Agreement is executed simultaneously with the Multi-Unit Development Agreement (MUDA). This means that both agreements are signed at the same time.
For each additional Crave Cookies franchise beyond the first, the franchisee must execute the then-current standard form of the franchise agreement no later than three business days after leasing or acquiring a location. This indicates a slightly different process for subsequent locations compared to the initial store.
This simultaneous execution for the first store simplifies the initial setup, ensuring that the franchisee is immediately bound by both the development terms and the operational requirements of a single Crave Cookies franchise. For additional locations, the franchisee has a short window after securing the location to finalize the franchise agreement, allowing some flexibility in the development timeline.