What is the minimum operating period for Crisp & Green Restaurants included in Table 2?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
In Table 2, we report gross Restaurant sales information for all Restaurants that were open and operating for 12 months or longer as of December 31, 2023, which consists of our sole Corporate Restaurant and 28 franchised Restaurants.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 57–62)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, Table 2 includes gross restaurant sales information for restaurants open and operating for at least 12 months as of December 31, 2023. This data encompasses Crisp & Green's sole corporate restaurant and 28 franchised restaurants.
The financial performance representation in Table 2 provides prospective franchisees with insights into the sales performance of restaurants that have been operating for a minimum of one year. This can be valuable in understanding the potential revenue generation of a Crisp & Green franchise during its initial years of operation.
It is important to note that the data presented is based on historical sales information from 2023 and may not be indicative of future performance. Crisp & Green emphasizes that individual results may vary, and there is no guarantee that a franchisee will achieve similar sales figures. Factors such as location, competition, and the franchisee's operational effectiveness can influence a restaurant's financial performance.