When did Crisp & Green begin selling franchises?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
We are a Minnesota limited liability company organized on February 22, 2018, for the purpose of engaging in the sale of franchises of CRISP & GREEN® restaurants. Our principal business address is 746 Mill Street E, Wayzata, MN 55391. We conduct business under the name CRISP & GREEN® and the trademarks described in Item 13 and under no other names. Our agents for service of process are disclosed in Exhibit A. We have been offering franchises described in this disclosure document since April 17, 2018. We have never offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–13)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the company began selling franchises in April 2018. Specifically, the document states that Crisp & Green Franchising LLC has been offering franchises since April 17, 2018. This indicates that Crisp & Green is a relatively young franchise system, as of the FDD date.
For prospective franchisees, this means that while the brand itself has been around since the first restaurant opened in November 2016, the franchising aspect is more recent. This could present both opportunities and risks. A newer franchise system might offer more available territories and potentially more flexibility in the early stages.
However, it also means that the franchise system may not have the same level of maturity and established processes as older, more established brands. Prospective franchisees should carefully evaluate the support and training offered by Crisp & Green, as well as the performance of existing franchise locations, to assess the potential risks and rewards of investing in this franchise system.