What must a Crown Gold Exchange franchisee do regarding the construction or remodeling of the Location?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
- 6.3 Development. Franchisee shall construct (or remodel) and finish the Location in conformity with Crown Gold Franchising's System Standards. If required by Crown Gold Franchising, Franchisee shall engage the services of an architect licensed in the jurisdiction of the Location. Franchisee shall not begin any construction or remodeling work without first obtaining Crown Gold Franchising's approval of Franchisee's plans. Crown Gold Franchising may, but is not required to, inspect Franchisee's construction or remodeling progress at any reasonable time.
Source: Item 22 — CONTRACTS (FDD pages 38–39)
What This Means (2024 FDD)
According to Crown Gold Exchange's 2024 Franchise Disclosure Document, franchisees are responsible for the construction or remodeling of their business location. Franchisees must ensure that the location aligns with Crown Gold Franchising's System Standards. This includes engaging a licensed architect if Crown Gold Franchising requires it. Before starting any construction or remodeling, franchisees must obtain approval from Crown Gold Franchising for their plans. While Crown Gold Franchising has the option to inspect the construction or remodeling progress, they are not obligated to do so.
Crown Gold Franchising also provides assistance with pre-opening plans and specifications. They will provide a sample set of standard building plans, specifications, and recommended floor plans, along with the applicable System Standards and lists of approved vendors. Franchisees are expected to follow these guidelines to ensure uniformity and compliance with the brand's standards.
It is important to note that Crown Gold Franchising does not assume liability for any architectural, engineering, or legal matters related to the development and construction of the business, including compliance with the Americans With Disabilities Act. The franchisor's inspection and approval to open the business do not constitute a warranty that the business has been constructed in accordance with any architectural, engineering, or legal standards. Franchisees should seek their own professional advice in these areas to ensure compliance and mitigate potential risks.