factual

What happens if the information on Attachment 1 changes for a Crave Cookies franchise?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

ARTICLE 6. LOCATION, DEVELOPMENT, AND OPENING

  • 6.1 Determining Location and Territory. If the Location and Territory are not stated on the Summary Page:

  • (i) Franchisee shall find a potential Location within the Development Area described on the Summary Page.

Franchisee shall submit its proposed Location to Crave Cookies Franchising for acceptance, with all related information Crave Cookies Franchising may request.

If Crave Cookies Franchising does not accept the proposed Location in writing within 30 days, then it is deemed rejected.

  • (ii) When Crave Cookies Franchising accepts the Location, it will issue a Location Acceptance Letter in the form of Attachment 2 which states the Location and Territory.

Crave Cookies Franchising shall determine the Territory in its good faith discretion, substantially in accordance with Item 12 of the Franchise Disclosure Document.

Source: Item 22 — CONTRACTS (FDD page 47)

What This Means (2025 FDD)

Based on the 2025 Crave Cookies Franchise Disclosure Document, Attachment 1 is not explicitly defined. However, the document does refer to a 'Summary Page' and a 'Location Acceptance Letter in the form of Attachment 2.'

If the Location and Territory are not stated on the Summary Page, the franchisee must find a potential location within the Development Area described on the Summary Page and submit it to Crave Cookies for acceptance. If Crave Cookies does not accept the proposed location in writing within 30 days, it is deemed rejected. When Crave Cookies accepts the location, it will issue a Location Acceptance Letter in the form of Attachment 2, stating the Location and Territory. Crave Cookies determines the Territory in its good faith discretion, substantially in accordance with Item 12 of the Franchise Disclosure Document.

Since Attachment 1 is not defined, it is important for a prospective franchisee to ask Crave Cookies what Attachment 1 contains and what the implications are if the information in that attachment changes during the franchise agreement. This will help the franchisee understand their obligations and rights regarding any information contained in Attachment 1.

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.