What requirements must the proposed lease comply with for Crepe De Licious to approve it?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
After we have approved a proposed site, you must then lease or purchase the approved site.
If you will lease the site, your lease must include certain provisions for our protection.
You must provide us with a copy of your proposed lease agreement for our review and approval before you sign it.
You must not sign the proposed lease agreement until after you have our express written approval.
Your landlord may require you and, if you are an entity, your owners, and spouses to sign a personal guaranty.
Any lease relating to the Restaurant's, Kiosk's, or Food Truck's premises must contain the following provisions in contractual language acceptable to us:
(a) The use of the leased premises will be restricted solely to the operation of a Restaurant, Kiosk, or Food Truck.
(b) The landlord, upon termination or expiration of the lease, consents to the tenant's removal (at the tenant's expense) of the exterior and interior signs and trade fixtures, so long as the tenant makes repairs caused by the removal of these items.
(c) The landlord will provide to us (at the same time they are sent to the tenant) a copy of all lease amendments and assignments, and a copy of all letters and notices sent to the tenant relating to the lease or the leased premises.
(d) We will have the right to enter the leased premises to make any modifications or alterations, at our own cost, necessary (in our opinion) to protect the System and the Marks and to cure, within the time periods provided by the lease, any default under the lease, all without being guilty of trespass or other tort.
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, before a franchisee signs a lease for an approved site, Crepe De Licious must expressly approve the proposed lease agreement in writing. The franchisee must provide Crepe De Licious with a copy of the proposed lease agreement for review and approval before signing. The landlord may require the franchisee, its owners, and their spouses to sign a personal guaranty.
The lease agreement relating to the Restaurant, Kiosk, or Food Truck premises must contain specific provisions in contractual language acceptable to Crepe De Licious. These provisions include restricting the use of the leased premises solely to the operation of a Crepe De Licious Restaurant, Kiosk, or Food Truck. The lease must also state that upon termination or expiration of the lease, the landlord consents to the tenant's removal of exterior and interior signs and trade fixtures at the tenant's expense, provided the tenant repairs any damage caused by the removal.
Additionally, the lease must stipulate that the landlord will provide Crepe De Licious with copies of all lease amendments, assignments, letters, and notices sent to the tenant related to the lease or leased premises, at the same time they are sent to the tenant. Finally, the lease must grant Crepe De Licious the right to enter the leased premises to make modifications or alterations at its own cost, if necessary to protect the System and the Marks, and to cure any default under the lease within the time periods provided by the lease, without being guilty of trespass or other tort.