What is the primary difference between the Restaurants included in Table 1 and Table 2 for Crisp & Green?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
We report this information in two tables, organized according to how long the Restaurants have been in operation. Table 1 presents gross Restaurant sales information about a subset of all Restaurants that were open and operating during all of calendar year 2023, namely, those Restaurants that have been operating for 24 months or longer as of December 31, 2023. The Restaurants reported in Table 1 include our sole Corporate Restaurant and 14 franchised Restaurants. 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. In both tables, we have presented information on the average, median, high, and low gross Restaurant sales for calendar year 2023.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 57–62)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the primary difference between the restaurants included in Table 1 and Table 2 is the length of time they have been in operation. Table 1 presents gross Restaurant sales information about restaurants that were open and operating during all of calendar year 2023 and had been operating for 24 months or longer as of December 31, 2023. This includes Crisp & Green's sole Corporate Restaurant and 14 franchised Restaurants.
In contrast, Table 2 reports gross Restaurant sales information for all Restaurants that were open and operating for 12 months or longer as of December 31, 2023. This consists of Crisp & Green's sole Corporate Restaurant and 28 franchised Restaurants. Both tables present information on the average, median, high, and low gross Restaurant sales for calendar year 2023.
In summary, Table 1 focuses on restaurants with at least 24 months of operating history, while Table 2 includes all restaurants open for at least 12 months during 2023. This distinction allows prospective franchisees to see how sales performance varies between newer and more established Crisp & Green locations.