If the Crave Cookies franchise is owned by an entity, what agreement must all owners sign?

According to Crave Cookies's 2025 Franchise Disclosure Document, if the franchisee is a corporation, limited liability company, or other entity, each owner of the franchise entity must sign the Guaranty and Non-Compete Agreement. This means that all provisions of the franchise agreement will apply to the owners as well.

This requirement ensures that Crave Cookies can hold the individual owners of the franchisee entity accountable for the franchise's performance and compliance with the franchise agreement. The Guaranty ensures that the owners are personally liable for the financial obligations of the franchise, while the Non-Compete Agreement prevents owners from engaging in competitive businesses during and after the franchise term.

For a prospective Crave Cookies franchisee, this means that if you plan to operate the franchise through a business entity, you and all other owners will need to be prepared to sign both a Guaranty and a Non-Compete Agreement, accepting personal responsibility for the franchise's obligations and agreeing not to compete with Crave Cookies. This is a common practice in franchising, as it provides the franchisor with added security and ensures the owners' commitment to the franchise.