Does Crepe De Licious have the right to go public?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
- (f) to purchase or be purchased by, or merge or combine with, any business, including a business that competes directly with your Crepe de licious Business, wherever located;
Source: Item 22 — CONTRACTS (FDD page 57)
What This Means (2025 FDD)
The 2025 Crepe De Licious Franchise Disclosure Document does not explicitly state whether Crepe De Licious has the right to go public. However, the FDD does state that Crepe De Licious has the right to purchase or be purchased by, or merge or combine with, any business, including a business that competes directly with your Crepe de licious Business, wherever located. This could imply that Crepe De Licious could be acquired by a public company, or merge with a public company, which would effectively make Crepe De Licious a public entity.
Additionally, the FDD states that Crepe De Licious reserves all rights to use the Marks and System in any manner and on any terms and conditions they deem advisable, and without granting the franchisee any rights, accommodation or compensation. This broad reservation of rights could be interpreted to include the right to go public, as it does not explicitly exclude this possibility.
While the FDD excerpts do not provide a definitive answer, prospective franchisees should directly ask Crepe De Licious about their intentions regarding going public. Understanding the franchisor's long-term plans can be crucial for franchisees making a significant investment.