How promptly will Crepe De Licious advise the franchisee of its decision regarding the proposed lease?
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, 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 the Franchise Agreement and is otherwise acceptable, Crepe De Licious will approve it.
The FDD states that Crepe De Licious "will promptly advise you of our decision regarding the proposed lease." While the term "promptly" is subjective and not specifically defined, it indicates that Crepe De Licious intends to provide a timely response to the franchisee's lease proposal.
It is important to note that the final decision to acquire a particular approved site or sign a particular approved lease rests solely with the franchisee. Crepe De Licious also states that any lease review by them should not be considered an endorsement or comment on the suitability of the lease for the franchisee's specific purpose or for legal purposes, and their review is only for compliance with their required lease terms as detailed in Section 4.02 of the Franchise Agreement.