What do the terms 'we,' 'the franchisor,' or 'us' refer to in the Crisp & Green Franchise Disclosure Document?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
To simplify the language in this disclosure document, "we," "the franchisor," or "us" and their derivatives refer to Crisp & Green Franchising LLC, the franchisor. "You" or "the franchisee" means the person or entity that buys a franchise from us. If the franchisee is a corporation, partnership, limited liability company, or other entity, "you" or "franchisee" does not include the franchisee's owners unless otherwise stated. There are certain provisions of our Franchise Agreement that will apply to your owners, however, and those provisions will be noted in this disclosure document.
We are a Minnesota limited liability company organized on February 22, 2018, for the purpose of engaging in the sale of franchises of CRISP & GREEN® restaurants. Our principal business address is 746 Mill Street E, Wayzata, MN 55391. We conduct business under the name CRISP & GREEN® and the trademarks described in Item 13 and under no other names. Our agents for service of process are disclosed in Exhibit A. We have been offering franchises described in this disclosure document since April 17, 2018. We have never offered franchises in any other line of business.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–13)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, the terms 'we,' 'the franchisor,' or 'us' refer to Crisp & Green Franchising LLC. The document also clarifies that 'you' or 'the franchisee' refers to the person or entity purchasing the franchise. If the franchisee is a corporation, partnership, limited liability company, or other entity, 'you' or 'franchisee' does not include the franchisee's owners unless otherwise stated. However, the document notes that certain provisions of the Franchise Agreement will apply to the franchisee's owners, and these provisions will be specified in the disclosure document.
Crisp & Green Franchising LLC is a Minnesota limited liability company that was organized on February 22, 2018, for the purpose of selling Crisp & Green restaurant franchises. Their principal business address is 746 Mill Street E, Wayzata, MN 55391. The company conducts business under the name Crisp & Green and the trademarks described in Item 13. Crisp & Green has been offering franchises since April 17, 2018, and has not offered franchises in any other line of business.
Prospective franchisees should note that understanding these definitions is crucial for interpreting the rights, obligations, and responsibilities outlined throughout the Franchise Disclosure Document and the Franchise Agreement. Knowing exactly who 'we' and 'you' refer to helps in understanding the contractual relationship between Crisp & Green and its franchisees, as well as the responsibilities of individual owners if the franchise is owned by a business entity.