Does Crisp & Green generally own the sites at which Restaurants are operated?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
Neither we nor our affiliates generally own the sites at which Restaurants are operated, which means you will be negotiating with independent third parties relating to the lease, sublease, or purchase of the site for your Franchised Restaurant. (Franchise Agreement Sections 3.02 and 3.03).
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, Crisp & Green does not generally own the sites where its restaurants are operated. As a prospective franchisee, this means you will typically be responsible for negotiating the lease, sublease, or purchase agreement with independent third parties for your restaurant's location.
While Crisp & Green may offer some assistance in lease negotiations, they are not obligated to do so. Any lease agreement you enter into must include terms reasonably acceptable to Crisp & Green, and you and the landlord will be required to execute Crisp & Green's standard lease addendum.
This arrangement is common in the franchise industry, where franchisees often bear the responsibility for securing and managing their own locations, subject to franchisor approval. It's crucial to carefully review the lease terms and ensure they align with Crisp & Green's requirements and your business needs.