factual

What area is the franchisee responsible for selecting a site within for a Crisp & Green Restaurant?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

3.02 Selection of Premises. If we have approved a location for the Franchised Restaurant before or concurrently with the execution of this Agreement, the Premises will be set forth on Exhibit B. If we and you have not agreed upon an approved location for the Franchised Restaurant before signing this Agreement, then you are responsible for selecting the site for the Franchised Restaurant within the Preliminary Designated Area set forth on Exhibit B. You agree to obtain our written approval of the Franchised Restaurant's proposed site before signing any lease, sublease, purchase contract or other document for the site (the "site acquisition documents").

You must locate and submit for our approval a site acceptable to us within the Preliminary Designated Area for the Franchised Restaurant. We will use reasonable efforts to help analyze your market area, to help determine site feasibility, and to assist in designating the location, although we will not conduct site selection activities for you. If you utilize a broker to identify a location, you will be responsible for any costs associated therewith. We will not unreasonably withhold our approval of a site that meets our criteria for demographic characteristics; traffic patterns; parking; character of neighborhood; competition from, proximity to, and nature of other businesses; other commercial characteristics; and the proposed site's size, appearance, and other physical characteristics.

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

According to Crisp & Green's 2024 Franchise Disclosure Document, the franchisee is responsible for selecting a site for their Franchised Restaurant within the Preliminary Designated Area. This area is initially identified on Exhibit B of the franchise agreement as the general location where the franchisee intends to secure the premises.

Before signing any lease or purchase agreement, the franchisee must obtain written approval from Crisp & Green for the proposed site. Crisp & Green will offer reasonable assistance in analyzing the market area and determining site feasibility but will not conduct site selection activities for the franchisee. If the franchisee uses a broker to find a location, they are responsible for those costs.

Crisp & Green's approval of a site will not be unreasonably withheld if the site meets their criteria for demographic characteristics, traffic patterns, parking, neighborhood character, competition, proximity to other businesses, and the site's physical characteristics. Once Crisp & Green approves a site, its address will be added to Exhibit B of the Franchise Agreement, officially designating it as the Premises.

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.