factual

Who has the right to terminate a Crave Cookies Market Cooperative?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (f) Termination. Crave Cookies Franchising may terminate any Market Cooperative. Any funds left in a Market Cooperative upon termination will be transferred to the Marketing Fund.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 22–29)

What This Means (2025 FDD)

According to Crave Cookies' 2025 Franchise Disclosure Document, Crave Cookies Franchising has the sole right to terminate any Market Cooperative. Upon termination of a Market Cooperative, any remaining funds will be transferred to the Marketing Fund.

Market Cooperatives are established by Crave Cookies Franchising to administer regional advertising and marketing programs. These cooperatives develop standardized promotional materials for members to use in local advertising, subject to Crave Cookies Franchising's approval. Franchisees are required to join a Market Cooperative if one exists for their geographic area, becoming a member either immediately upon commencing operations or within 30 days of the cooperative's establishment.

The Market Cooperative's activities are generally decided by a majority vote of its members, though Crave Cookies Franchising can step in if members can't agree on how to spend the funds after a 10-day notice. Crave Cookies Franchising also has the right to attend and participate in any Market Cooperative meeting, with any Crave Cookies-owned business having the same voting rights as franchisee-owned businesses. Each business owner gets one vote per business owned, unless they are in default under their franchise agreement.

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.