What is the procedure for Crisp & Green to designate the site as the premises for my Franchised Restaurant after site approval?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
You must operate the Franchised Restaurant at a location that meets our site selection requirements and that we have approved. If we have approved a site for your Franchised Restaurant at the time you
execute the Franchise Agreement, we will specify the site as the premises for your Franchised Restaurant in the Franchise Agreement at the time you sign the Franchise Agreement. In all other cases, the Franchise Agreement will describe a preliminary designated area and you will be responsible for identifying a site within the preliminary designated area that meets our approval. Upon our approval of the site, we will designate the site as the premises for your Franchised Restaurant in the Franchise Agreement. If you utilize a broker to identify a location, you will be responsible for any costs associated therewith. We will not unreasonably withhold our approval of a site that meets our then-current criteria for demographic characteristics; traffic patterns; parking; character of the neighborhood; competition from, proximity to, and nature of other businesses; other commercial characteristics; and the proposed site's size, appearance, and other physical characteristics.
We must approve of the lease, sublease, or purchase contract (which we refer to as the site acquisition document) for the premises of your Franchised Restaurant before you sign such document. If you lease the premises, the lease must contain the terms and provisions that are reasonably acceptable to us, and you and the landlord must execute the standard form of lease addendum (attached as Exhibit C to the Franchise Agreement). Within 10 days after our approval of the site acquisition document, you must send us the fully signed site acquisition document, together with the signed lease addendum, if applicable, for the premises. You may not relocate the Franchised Restaurant without our prior approval.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 26–31)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the procedure for designating the site of your Franchised Restaurant depends on whether a site was approved before you signed the Franchise Agreement. If a site has already been approved, Crisp & Green will specify the site as the premises in the Franchise Agreement at the time of signing.
However, if a site hasn't been approved yet, the Franchise Agreement will initially describe a preliminary designated area. It will then be your responsibility to find a site within that area that meets Crisp & Green's approval. Once Crisp & Green approves the site you've identified, they will then designate it as the official premises for your Franchised Restaurant in the Franchise Agreement.
Crisp & Green also requires approval of the lease, sublease, or purchase contract (referred to as the site acquisition document) before you sign it. If you are leasing, the lease must include terms acceptable to Crisp & Green, and you and the landlord must sign a standard lease addendum. Within 10 days of Crisp & Green's approval of the site acquisition document, you must provide them with the fully signed document, along with the signed lease addendum if applicable. You cannot change the location of the Franchised Restaurant without prior approval from Crisp & Green.