What is the definition of 'Location' for a Crown Gold Exchange franchise?

According to Crown Gold Exchange's 2024 Franchise Disclosure Document, the 'Location' is defined as the location stated on the Location Acceptance Letter. This letter is issued by Crown Gold Franchising when they accept a potential location proposed by the franchisee.

This means that the specific physical address where the Crown Gold Exchange business will operate is officially determined and documented in the Location Acceptance Letter. The franchisee is responsible for finding a potential location within the Development Area and submitting it to Crown Gold Franchising for approval. Crown Gold Franchising has the right to accept or reject the proposed location.

The Location Acceptance Letter is a critical document as it formally establishes the site of the franchise. Without a Location Acceptance Letter, there is no defined location for the Crown Gold Exchange business. This definition ties directly into the franchisee's obligation to develop, open, and operate the Crown Gold Exchange business at the specified Location for the entire term of the Franchise Agreement.