If I lease a site for a Crisp & Green restaurant, what addendum is required?

According to Crisp & Green's 2024 Franchise Disclosure Document, if you decide to lease a site for your restaurant, the lease agreement must include terms that are reasonably acceptable to Crisp & Green. Additionally, both you and the landlord will be required to execute Crisp & Green's standard lease addendum. The specific form of this addendum is included as Exhibit C to the Franchise Agreement.

This requirement ensures that Crisp & Green maintains some control over the lease terms, protecting their brand and the interests of the franchise system. It also ensures some level of uniformity across all franchise locations. As a prospective franchisee, it is crucial to carefully review Exhibit C and understand the obligations and restrictions it places on the lease agreement.

Since Crisp & Green does not typically own the restaurant sites, franchisees will be negotiating leases with independent third-party landlords. This means that the franchisee will need to balance their own interests with the requirements of both the landlord and Crisp & Green. Understanding the lease addendum early in the site selection process can help avoid potential conflicts or delays later on. Franchisees should consult with legal counsel to fully understand the implications of the lease addendum before signing any agreements.