Does the FDD specify any limits on Crisp & Green's ability to require refurbishment?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
We also may require you to materially refurbish the premises of your Franchised Restaurant to conform to the System's then-current design, trade dress, color schemes, and presentation of the Marks. Such refurbishment may include structural changes, installation of new equipment and signs, remodeling, redecoration, and modifications to existing improvements, and must be completed pursuant to such standards, specifications, and deadlines as we may specify as are standard to the System at the time. We may not require you to do so more than once every five years, unless sooner required by your real estate lease. (Franchise Agreement, Section 9.01)
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 33–44)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, there are some limitations regarding the brand's ability to require franchisees to refurbish their premises. Crisp & Green may require franchisees to materially refurbish their restaurant premises to conform to the system's current design, trade dress, color schemes, and presentation of the marks. This refurbishment can include structural changes, new equipment and signs, remodeling, redecoration, and modifications to existing improvements.
However, Crisp & Green is limited in how often they can mandate these refurbishments. Unless required sooner by the real estate lease, Crisp & Green cannot require a franchisee to refurbish more than once every five years. The refurbishment must be completed according to the standards, specifications, and deadlines that Crisp & Green specifies as standard to the system at the time of refurbishment.
This policy provides some predictability for franchisees, as they can anticipate a major refurbishment approximately every five years, barring lease requirements. Franchisees should factor in the potential costs of these periodic refurbishments when assessing the overall investment and profitability of a Crisp & Green franchise.