Where can I find the current form of the Crepe De Licious Management Agreement?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
In some cases, We may offer you operations and management services. Under an operations or management service agreement ("Management Agreement"), you will remain in overall control of the Crepe Delicious Business to direct and manage it while the day to day functions are handled by an approved third party operations and management company for a certain management fee. This third party management company will serve as the Designated Manager and have responsibility for all day to day operations and tasks to run the Crepe Delicious Business. The current form of this Management Agreement is found in Exhibit G.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS, AND AFFILIATES (FDD pages 9–11)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the current form of the Management Agreement can be found in Exhibit G. The Management Agreement outlines the terms under which Crepe De Licious may offer operations and management services to a franchisee. Under this agreement, the franchisee retains overall control of their Crepe De Licious business but delegates the day-to-day functions to an approved third-party operations and management company. This company acts as the Designated Manager and is responsible for all daily operations. In return for these services, the third-party management company receives a management fee.
This arrangement allows a Crepe De Licious franchisee to benefit from professional management without relinquishing ownership or strategic control. It could be particularly useful for franchisees who lack extensive experience in restaurant management or who prefer to focus on higher-level business development activities. However, franchisees should carefully review Exhibit G to understand the scope of services provided by the management company, the fees involved, and the specific responsibilities retained by the franchisee.
Prospective franchisees should also investigate the qualifications and track record of the approved third-party operations and management company to ensure they are capable of effectively managing a Crepe De Licious business. Understanding the terms of the Management Agreement is crucial for any franchisee considering this option, as it defines the relationship between the franchisee, the franchisor, and the management company.