After submitting a proposed site, what must I do before signing a lease for a Crisp & Green restaurant?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
After we have executed the Franchise Agreement, and after you have submitted a proposed site for the Franchised Restaurant which we have approved, you may proceed to negotiate the lease, sublease, or purchase agreement for the site.
You must provide the lease, sublease, or purchase agreement to us for our consideration and approval or disapproval prior to signing.
Although we may in some circumstances provide you with assistance in negotiating a lease or sublease, we are under no obligation to do so.
If you lease the site, the lease must contain terms that are reasonably acceptable to us, and you and the landlord will be required to execute our standard lease addendum, the form of which is attached as Exhibit C to the Franchise Agreement.
Neither we nor our affiliates generally own the sites at which Restaurants are operated, which means you will be negotiating with independent third parties relating to the lease, sublease, or purchase of the site for your Franchised Restaurant. (Franchise Agreement Sections 3.02 and 3.03).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 33–44)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, after you submit a proposed site for your restaurant and Crisp & Green approves it, you can proceed to negotiate the lease, sublease, or purchase agreement for the site. However, before signing any agreement, you must provide the lease, sublease, or purchase agreement to Crisp & Green for their consideration and approval or disapproval.
While Crisp & Green may offer assistance in negotiating a lease or sublease, they are not obligated to do so. If you lease the site, the lease terms must be reasonably acceptable to Crisp & Green, and both you and the landlord must execute Crisp & Green's standard lease addendum, which is included as Exhibit C to the Franchise Agreement.
Since Crisp & Green typically does not own the restaurant sites, franchisees will negotiate with independent third parties for the lease, sublease, or purchase of the site. This means that the franchisee bears the responsibility of finding a suitable location and negotiating the terms of the lease, subject to Crisp & Green's final approval. This process ensures that the site and lease terms align with Crisp & Green's standards and requirements.