Which Crisp & Green franchisee owns the location in Grand Forks, ND?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
[Item 23: RECEIPTS]
| FRANCHISEE | LOCATION NAME | ADDRESS | PHONE | STATUS | |
|---|---|---|---|---|---|
| NUMBER | |||||
| 322 Hospitality Group LLC | Grand Forks, ND | 2712 S Columbia Rd, Ste 450, Grand Forks, ND 58201 | (701) 340- 7732 | Open | |
| 322 Hospitality Group LLC | Bismarck, ND | 1902 Kings View Dr, Grand Forks, ND 58201 | (701) 340- 7732 | Not Open | |
| 322 Hospitality Group LLC | Billings, MT | 1902 Kings View Dr, Grand Forks, ND 58201 | (701) 340- 7732 | Not Open | |
| 322 Hospitality Group LLC | Missoula, MT | 1902 Kings View Dr, Grand Forks, ND 58201 | (701) 340- 7732 | Not Open | |
| 322 Hospitality Group LLC | Rapid City, SD | 1902 Kings View Dr, Grand Forks, ND 58201 | (701) 340- 7732 | Not Open |
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the franchisee that owns the Crisp & Green location in Grand Forks, ND is 322 Hospitality Group LLC. The address of this location is 2712 S Columbia Rd, Ste 450, Grand Forks, ND 58201, and its phone number is (701) 340- 7732. The location is currently open.
It is important to note that 322 Hospitality Group LLC also has franchise locations in Bismarck, ND; Billings, MT; Missoula, MT; and Rapid City, SD; however, these locations are not open. All of these locations share the same phone number and an address in Grand Forks, ND, which may indicate that these are planned or in-development locations being managed from the Grand Forks address.
Prospective franchisees should note that multi-unit franchising, as demonstrated by 322 Hospitality Group LLC, is a common practice in the franchise industry. This allows franchisees to leverage resources and potentially achieve economies of scale. However, it also requires significant capital and management expertise to oversee multiple locations effectively. Franchisees should carefully consider their financial and operational capabilities before committing to a multi-unit agreement.