factual

When did Crisp & Green first open a restaurant?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

The first CRISP & GREEN® restaurant opened in November 2016 and is operated by our affiliate 755 E Lake Street LLC. We started to sell CRISP & GREEN® franchises in April 2018. Other than as described above, neither we, nor our Parent or any affiliates, has ever previously offered franchises for sale in any line of business. We have never owned and operated any Restaurants, and our sole business activity is to sell franchises for the operation of Restaurants.

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 first Crisp & Green restaurant opened in November 2016. This restaurant is operated by the franchisor's affiliate, 755 E Lake Street LLC. The FDD specifies that this location is considered the flagship restaurant.

It's important to note that while Crisp & Green Franchising LLC began selling franchises in April 2018, the initial restaurant was established and operated by an affiliate before franchising efforts began. This indicates that the brand had a proof-of-concept location to refine its operations before offering franchises to others.

Additionally, the FDD mentions other affiliated restaurants that opened and transitioned to franchisee-owned outlets, providing a history of corporate-owned locations converting to franchise operations. This detail can be valuable for prospective franchisees to understand the brand's growth strategy and the potential for acquiring existing locations.

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.