table_specific

What is the status of the Crisp & Green location in Schaumburg, IL as of December 31, 2023?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

Notwithstanding anything to the contrary set forth in the Crisp & Green Franchising LLC Area Development Agreement, the following provisions shall supersede any inconsistent provisions and apply to all Crisp & Green franchises offered and sold in the state of Illinois:

This Illinois Addendum is only applicable if the developer is domiciled in Illinois or if the offer of the franchise is made or accepted in Illinois and the franchise business is or will be located in Illinois.

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

As of the 2024 Franchise Disclosure Document, the document does not provide specific details regarding the operational status of a Crisp & Green location in Schaumburg, IL as of December 31, 2023. While Exhibit F lists franchisees as of that date, it is not included in the provided excerpts.

However, the document includes an addendum to the Crisp & Green Area Development Agreement for the state of Illinois, which indicates that the addendum applies if the franchise business is or will be located in Illinois. This suggests that Crisp & Green has the ability to offer franchises in Illinois.

To determine the status of the Crisp & Green location in Schaumburg, IL, it is recommended that a prospective franchisee ask the franchisor directly for the list of franchisees as of December 31, 2023, which is typically found in Exhibit F. This list would provide information on whether a franchise was operating in Schaumburg, IL, at that time.

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.