If I sign a Multi-Unit Development Agreement with Crave Cookies, what am I committing to?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
If you sign a Multi-Unit Development Agreement (attached as Exhibit C to this Disclosure Document), you will commit to developing multiple Crave Cookies locations on an agreed-upon schedule. For each additional location, you will be required to sign our then-current form of Franchise Agreement, which may differ from the version included with this Disclosure Document.
Source: Item 1 — The Franchisor and any Parents, Predecessors, and Affiliates (FDD pages 8–10)
What This Means (2025 FDD)
According to Crave Cookies's 2025 Franchise Disclosure Document, signing a Multi-Unit Development Agreement means you are committing to developing multiple Crave Cookies locations based on an agreed-upon schedule. This agreement, which is included as Exhibit C in the FDD, outlines the specific terms and conditions for developing these multiple locations.
For each additional Crave Cookies location you plan to open under the Multi-Unit Development Agreement, you will be required to sign the then-current form of the Franchise Agreement. It's important to note that this Franchise Agreement may differ from the version included in the current Franchise Disclosure Document. This means that the terms and conditions for each new location could potentially change over time as Crave Cookies updates its standard franchise agreement.
In practical terms, this commitment requires careful planning and financial preparation. A prospective franchisee should carefully review Exhibit C of the FDD to fully understand the development schedule, financial obligations, and any performance milestones required by Crave Cookies. It is also crucial to understand that the terms of the Franchise Agreement for each subsequent location may not be identical to the initial agreement, potentially impacting costs, operational requirements, and other key aspects of the franchise.