What happens if I lease a site for my Crisp & Green restaurant?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
After we have executed the Franchise Agreement, and after you have submitted a proposed site for the Franchised Restaurant which we have approved, you may proceed to negotiate the lease, sublease, or purchase agreement for the site.
You must provide the lease, sublease, or purchase agreement to us for our consideration and approval or disapproval prior to signing.
Although we may in some circumstances provide you with assistance in negotiating a lease or sublease, we are under no obligation to do so.
If you lease the site, the lease must contain terms that are reasonably acceptable to us, and you and the landlord will be required to execute our standard lease addendum, the form of which is attached as Exhibit C to the Franchise Agreement.
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, after Crisp & Green approves a proposed site for your restaurant, you can negotiate a lease for the site. However, you must provide the lease to Crisp & Green for their consideration and approval before signing it. The lease terms must be reasonably acceptable to Crisp & Green, and you and the landlord will be required to execute Crisp & Green's standard lease addendum.
Crisp & Green does not generally own the sites where their restaurants are operated, so franchisees typically negotiate with independent third parties for the lease of their location. While Crisp & Green may offer assistance in negotiating a lease, they are not obligated to do so.
This means that as a prospective Crisp & Green franchisee, you retain the responsibility for finding and securing a suitable location, but you must ensure that the lease agreement meets Crisp & Green's standards and includes their required addendum. This requirement protects Crisp & Green's brand and operational consistency, but it also means franchisees must factor in the franchisor's approval when negotiating lease terms.