factual

Under the Crepe De Licious Area Development Agreement, what is specified as the 'Approved Location'?

Crepe_De_Licious Franchise · 2025 FDD

Answer from 2025 FDD Document

2.01 Grant of Franchise. Subject to all of the terms and conditions in this Agreement, we grant to you, and you accept, the license ("Franchise") to use the System and the Marks in connection with the establishment and operation of a Franchised Business at a Restaurant, Kiosk, or Food Truck situated at the specific location ("Approved Location") set forth

Source: Item 22 — CONTRACTS (FDD page 57)

What This Means (2025 FDD)

According to Crepe De Licious's 2025 Franchise Disclosure Document, the 'Approved Location' refers to the specific site of the Crepe De Licious Restaurant, Kiosk, or Food Truck. If a location has been selected and approved when signing the Franchise Agreement, it will be listed on Attachment A-1. This attachment also specifies the territory associated with that location.

If a specific site hasn't been approved upon signing, Attachment A will include a 'General Description' of the area. However, this general description doesn't grant any territorial rights and is only for reference. Crepe De Licious retains the right to sell other franchises within that general area.

After Crepe De Licious approves a location, the specifics of the 'Approved Location' and its territory will be documented in Attachment A-1. The territory is determined by the restaurant's location. If the franchisee doesn't agree with the assigned territory, they can choose another site, which will lead to a new territory proposal. This process ensures that the franchisee has an opportunity to find a location and territory that meets their needs and expectations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.