What standards must a Crown Gold Exchange franchisee follow when constructing or remodeling the location?
Crown_Gold_Exchange Franchise · 2024 FDDAnswer from 2024 FDD Document
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 must adhere to specific standards during the construction or remodeling of their location. Franchisees are required to construct or remodel their location in accordance with Crown Gold Exchange's System Standards. These standards encompass mandatory procedures and requirements related to design elements such as construction, decoration, layout, furniture, fixtures, and signage.
Before commencing any construction or remodeling work, franchisees must obtain approval of their plans from Crown Gold Exchange. While Crown Gold Exchange retains the right to inspect the construction or remodeling progress at any reasonable time, they are not obligated to do so. Franchisees may be required to engage the services of a licensed architect in the jurisdiction of the location, if Crown Gold Exchange deems it necessary.
It is important to note that Crown Gold Exchange does not assume liability for any information or opinions provided regarding architectural, engineering, or legal matters, 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 are expected to comply with all System Standards in effect and may be required to undertake and complete a remodel of the location to Crown Gold Franchising's satisfaction within a specified timeframe. Crown Gold Franchising may also require franchisees to submit plans for approval before starting any required remodel.