Does Table 1 for Crisp & Green include the Corporate Restaurant?
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, Table 1 does include data from the company's sole Corporate Restaurant. Specifically, Table 1 presents gross Restaurant sales information about Restaurants that were open and operating for at least 24 months as of December 31, 2023. The Restaurants reported in Table 1 include Crisp & Green's one Corporate Restaurant and 14 franchised Restaurants.
Table 1 includes key financial metrics for both the Corporate Restaurant and franchised locations. These metrics include the number of Restaurants, average gross sales, median gross sales, the lowest gross sales, the highest gross sales, and the number and percentage of Restaurants at or above the average and below the average. For example, the average gross sales for the Corporate Restaurant is listed as $2,537,832, while the average for the 14 franchised Restaurants is $1,760,761.
Prospective franchisees can use this information to benchmark their potential performance against existing Crisp & Green locations. However, the FDD also cautions that individual results may vary and there is no assurance that a franchisee will earn as much as the amounts represented. It is important to consider factors such as location, market conditions, and operational efficiency when evaluating the potential financial performance of a Crisp & Green franchise.