factual

Which affiliate operated the flagship Crisp & Green restaurant?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

Although we have never owned or operated a CRISP & GREEN® restaurant, our Parent owns and operates one CRISP & GREEN® restaurant through a wholly owned subsidiary. Our affiliate 755 E Lake Street LLC, a Minnesota limited liability company organized on May 27, 2016, has operated the flagship CRISP & GREEN® restaurant located at 755 E Lake Street in Wayzata, Minnesota since November 2016. We also have two affiliates that each acquired and began operating, in April 2024, a CRISP & GREEN® restaurant: 510 N Orlando Ave LLC, a Minnesota limited liability company organized on April 4, 2024, operates a CRISP & GREEN® restaurant located at 510 North Orlando Avenue, Suite A101, in Winter Park, Florida; and 16055 New Independence Parkway LLC, a Minnesota limited liability company organized on April 4, 2024, operates a CRISP & GREEN® restaurant located at 16055 New Independence Parkway, Suite 130, in Winter Garden, Florida. Additionally, our former affiliate 428 N Washington Ave LLC, a Minnesota limited liability company organized on September 30, 2016, operated a CRISP & GREEN® restaurant in the North Loop neighborhood of Minneapolis, Minnesota from March 2017 until it transitioned to a franchisee-owned outlet in December 2022, and our former affiliate 3930 W 50th Street LLC, a Minnesota limited liability company organized on March 8, 2018, operated a CRISP & GREEN® restaurant in the 50th and France neighborhood in Edina, Minnesota from August 2018 until it transitioned to a franchisee-owned outlet in April 2022.

Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–13)

What This Means (2024 FDD)

According to the 2024 Crisp & Green Franchise Disclosure Document, the flagship Crisp & Green restaurant, located at 755 E Lake Street in Wayzata, Minnesota, has been operated by the affiliate 755 E Lake Street LLC since November 2016. This entity is a Minnesota limited liability company organized on May 27, 2016. The FDD specifies that restaurants operated by affiliates are referred to as "Corporate Restaurants".

Crisp & Green's FDD also mentions other affiliates that operate or have operated Crisp & Green restaurants. For example, 510 N Orlando Ave LLC operates a location in Winter Park, Florida, and 16055 New Independence Parkway LLC operates one in Winter Garden, Florida, both starting in April 2024. Additionally, former affiliates like 428 N Washington Ave LLC and 3930 W 50th Street LLC previously operated locations in Minneapolis and Edina, Minnesota, respectively, before transitioning to franchisee-owned outlets.

Prospective franchisees should note that Crisp & Green's affiliates have experience operating restaurants, which can be beneficial for the franchise system. The franchisor's parent company may also develop and operate additional Crisp & Green restaurants in the future. Understanding the structure and involvement of these affiliates can provide valuable insight into the brand's operational strategies and support system.

Disclaimer: This information is extracted from the 2024 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.