Can a Crave Cookies tenant assign or sublet the lease to the franchisor?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Assignment and Subletting. Notwithstanding any provision of the Lease to the contrary, Tenant shall have the right to assign or sublet the Lease to Franchisor, provided that no such assignment or sublease shall relieve Tenant or any guarantor of liability under the Lease. If Franchisor becomes the lessee of the Leased Premises, then Franchisor shall have the right to assign or sublease its lease to a franchisee of the Crave Cookies brand. Any provision of the Lease which limits Tenant's right to own or operate other Crave Cookies outlets in proximity to the Leased Premises shall not apply to Franchisor.
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
According to Crave Cookies's 2025 Franchise Disclosure Document, a tenant (franchisee) has the right to assign or sublet their lease to Crave Cookies, the franchisor. However, this right does not relieve the tenant or any guarantor of their liability under the lease agreement.
If Crave Cookies becomes the lessee of the leased premises, they have the right to assign or sublease the lease to another Crave Cookies franchisee. This provision ensures that Crave Cookies has flexibility in managing the location, especially if the original franchisee's agreement is terminated.
Furthermore, any provision in the lease that limits the tenant's right to own or operate other Crave Cookies outlets in proximity to the leased premises does not apply to Crave Cookies if they become the lessee. This clause protects Crave Cookies's ability to operate multiple locations without being restricted by the original franchisee's lease terms.