Where on the Location Acceptance Letter is the specific location of the Crown Gold Exchange business to be indicated?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
| To: | |
|---|---|
| This Location Acceptance Letter is issued by Goldmember, LLC | |
| for your Crown Gold Exchange | |
| franchise in accordance with Section 6.1 of the Franchise Agreement. | |
| 1. | The Location of the Business is: |
| 2. | The Territory of the Business is: |
| GOLDMEMBER, LLC | |
| By: | |
| Name: | |
| Title: | |
| Date: |
Source: Item 22 — CONTRACTS (FDD pages 38–39)
What This Means (2024 FDD)
According to the 2024 Crown Gold Exchange Franchise Disclosure Document, the specific location of the Crown Gold Exchange business is indicated on the Location Acceptance Letter. The Location Acceptance Letter is issued by Goldmember, LLC for the Crown Gold Exchange franchise, in accordance with Section 6.1 of the Franchise Agreement.
The Location Acceptance Letter also specifies the territory of the business. Once the location is accepted by Crown Gold Franchising, they will issue the Location Acceptance Letter, which states both the location and the territory.
If no location is stated on the Summary Page when the Franchise Agreement is signed, the parties will determine the location according to Section 6.1 of the agreement. The franchisee is then required to develop, open, and operate the Crown Gold Exchange business at the agreed-upon location for the entire term of the agreement.