factual

Does Crisp & Green provide assistance with site selection?

Crisp_Green Franchise · 2024 FDD

Answer 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, franchisees are responsible for identifying a location that meets Crisp & Green's site selection requirements. If a site has been approved at the time of signing the Franchise Agreement, it will be specified in the agreement. Otherwise, the Franchise Agreement will outline a preliminary designated area, and the franchisee is responsible for finding a suitable site within that area for Crisp & Green's approval. The franchisee is responsible for any costs associated with using a broker to identify a location.

Crisp & Green will not unreasonably withhold approval of a site that meets their criteria for demographic characteristics, traffic patterns, parking, neighborhood character, competition, proximity to other businesses, commercial characteristics, and the site's physical characteristics. The franchisee must submit site surveys, construction and remodeling plans, and specifications for approval before starting build-out. A site survey must be obtained from one of Crisp & Green's approved vendors, and a required architectural vendor must be used for creating architectural plans.

Before signing any lease, sublease, or purchase contract, Crisp & Green must approve the site acquisition document. If leasing, the lease must include terms acceptable to Crisp & Green, and a standard lease addendum must be executed. The fully signed site acquisition document and lease addendum (if applicable) must be sent to Crisp & Green within 10 days of approval. Franchisees cannot relocate without prior approval from Crisp & Green.

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.