Does Crave Cookies provide a Multi-Unit Development Agreement as part of its franchise offering?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
(xi) Crave Cookies Franchising (or any affiliate) terminates any other agreement with Franchisee (or any affiliate) due to the breach of such other agreement by Franchisee (or its affiliate) (provided that termination of a Multi-Unit
Development Agreement with Franchisee or its affiliate shall not give Crave Cookies Franchising the right to terminate this Agreement);
Source: Item 22 — CONTRACTS (FDD page 47)
What This Means (2025 FDD)
According to the 2025 Crave Cookies Franchise Disclosure Document, the franchise agreement includes a clause that references a Multi-Unit Development Agreement. Specifically, it states that if Crave Cookies terminates a Multi-Unit Development Agreement with a franchisee or its affiliate, this action does not automatically give Crave Cookies the right to terminate the single-unit Franchise Agreement.
This suggests that Crave Cookies does offer Multi-Unit Development Agreements, which allow a franchisee to commit to opening multiple Crave Cookies locations within a specific territory and timeframe. This type of agreement is common in franchising, as it allows franchisors to expand more rapidly and provides franchisees with the opportunity to grow their business significantly.
For a prospective Crave Cookies franchisee, this is an important consideration. If you are interested in opening multiple locations, a Multi-Unit Development Agreement could be a suitable option. However, it's crucial to understand the terms and conditions of both the Franchise Agreement and the Multi-Unit Development Agreement, including the development schedule, territory rights, and termination clauses. The excerpt indicates that the termination of a Multi-Unit Development Agreement does not automatically trigger the termination of a single-unit Franchise Agreement, which could provide some security for franchisees who have both types of agreements with Crave Cookies.