What factors could change, altering the potential of a site and premises for a Crisp & Green Restaurant?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
You acknowledge and agree that, if we suggest, approve, or give you information regarding a site for the Premises or a Crisp & Go Location, our action is not a representation or warranty of any kind, express or implied, of the site's suitability for a Restaurant, Crisp & Go Location, or any other purpose. We do not represent that we, or any of our Affiliates, owners, employees or agents, have special expertise in selecting sites. Our action indicates only that we believe that the site meets our then acceptable criteria and not that the Franchised Restaurant will be profitable or
successful at the Premises. Applying criteria that have appeared effective with other sites and premises might not accurately reflect the potential for all sites and premises, and demographic and/or other factors included in or excluded from our criteria could change, altering the potential of a site and premises. The uncertainty and instability of these criteria are beyond our control, and we are not responsible if a site and premises we suggest or approve for the location of a Restaurant fails to meet your expectations. Accordingly, you acknowledge and agree that your acceptance of the franchise for a Restaurant pursuant to this Agreement is based on your own independent investigation of the site's suitability for the Premises.
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the franchisor does not guarantee the suitability or profitability of any site, even if they suggest, approve, or provide information about it. The document states that criteria used to evaluate sites may not accurately predict the potential of all locations. Factors considered effective at other locations might not apply, and demographic or other factors could change, which would alter a site's potential.
Crisp & Green emphasizes that the uncertainty and instability of these criteria are beyond their control, and they are not liable if a suggested or approved site fails to meet a franchisee's expectations. This means that franchisees bear the ultimate responsibility for independently investigating and determining the suitability of a location for their Crisp & Green restaurant.
This disclaimer highlights the importance of thorough due diligence on the part of the franchisee. It is crucial for prospective Crisp & Green franchisees to conduct their own market research, assess local demographics, and consider potential changes in the area that could impact the restaurant's success. Franchisees should not solely rely on the franchisor's approval or suggestions, but instead, make informed decisions based on their own analysis and understanding of the local market.