factual

Does Crisp & Green or its parent company operate any restaurants directly?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

Although we have never owned or operated a CRISP & GREEN® restaurant, our Parent owns and operates one CRISP & GREEN® restaurant through a wholly owned subsidiary. Our affiliate 755 E Lake Street LLC, a Minnesota limited liability company organized on May 27, 2016, has operated the flagship CRISP & GREEN® restaurant located at 755 E Lake Street in Wayzata, Minnesota since November 2016. We also have two affiliates that each acquired and began operating, in April 2024, a CRISP & GREEN® restaurant: 510 N Orlando Ave LLC, a Minnesota limited liability company organized on April 4, 2024, operates a CRISP & GREEN® restaurant located at 510 North Orlando Avenue, Suite A101, in Winter Park, Florida; and 16055 New Independence Parkway LLC, a Minnesota limited liability company organized on April 4, 2024, operates a CRISP & GREEN® restaurant located at 16055 New Independence Parkway, Suite 130, in Winter Garden, Florida. Additionally, our former affiliate 428 N Washington Ave LLC, a Minnesota limited liability company organized on September 30, 2016, operated a CRISP & GREEN® restaurant in the North Loop neighborhood of Minneapolis, Minnesota from March 2017 until it transitioned to a franchisee-owned outlet in December 2022, and our former affiliate 3930 W 50th Street LLC, a Minnesota limited liability company organized on March 8, 2018, operated a CRISP & GREEN® restaurant in the 50th and France neighborhood in Edina, Minnesota from August 2018 until it transitioned to a franchisee-owned outlet in April 2022.

Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–13)

What This Means (2024 FDD)

According to Crisp & Green's 2024 Franchise Disclosure Document, Crisp & Green Franchising LLC has never owned or operated a Crisp & Green restaurant. However, its parent company, Crisp & Green LLC, owns and operates one Crisp & Green restaurant through a wholly-owned subsidiary. Additionally, Crisp & Green has two affiliates, 510 N Orlando Ave LLC and 16055 New Independence Parkway LLC, that each acquired and began operating a Crisp & Green restaurant in April 2024.

Previously, Crisp & Green had two former affiliates, 428 N Washington Ave LLC and 3930 W 50th Street LLC, that operated Crisp & Green restaurants. The restaurant operated by 428 N Washington Ave LLC transitioned to a franchisee-owned outlet in December 2022, while the restaurant operated by 3930 W 50th Street LLC transitioned in April 2022.

For prospective franchisees, this indicates that while the franchisor itself focuses on franchising, its parent company and affiliates have experience operating company-owned locations. This could be beneficial as the parent company's operational experience may inform the support and guidance provided to franchisees. It's also worth noting that the company has transitioned corporate-owned stores to franchisees, which could represent an opportunity for existing franchisees to expand their operations by acquiring existing locations.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.