Is the Crepe De Licious lease review only for compliance with required lease terms?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.02 Lease Review. We will review the proposed lease for the Restaurant, Kiosk, or Food Truck site after you submit the proposed lease to us.
If the proposed lease complies with the requirements in Section 4.02 of this Agreement and is otherwise acceptable to us, we will approve it.
We will promptly advise you of our decision regarding the proposed lease.
The final decision whether to acquire a particular approved site or whether to sign a particular approved lease rests solely with you.
You acknowledge that any lease review by us shall not be an endorsement or comment on the suitability of the lease for your specific purpose or for legal purposes.
Our review of any lease is only for compliance with our required lease terms as detailed in Section 4.02.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the lease review they provide is specifically for compliance with their required lease terms as detailed in Section 4.02 of the franchise agreement. Crepe De Licious will review the proposed lease for the Restaurant, Kiosk, or Food Truck site after the franchisee submits it. If the proposed lease complies with the requirements in Section 4.02 of this Agreement and is otherwise acceptable, Crepe De Licious will approve it and promptly advise the franchisee of their decision.
However, the FDD clearly states that this lease review should not be considered an endorsement or comment on the suitability of the lease for the franchisee's specific purpose or for legal purposes. The final decision on whether to acquire a particular approved site or sign a particular approved lease rests solely with the franchisee.
This means that while Crepe De Licious will check the lease to ensure it meets their basic requirements, it is ultimately the franchisee's responsibility to ensure the lease terms are favorable and suitable for their business needs. It would be prudent for a prospective Crepe De Licious franchisee to seek independent legal and business advice regarding the lease before committing to it.