factual

What is the applicant's responsibility after receiving Acceptance from Marble Slab Creamery?

Marble_Slab_Creamery Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (a) Subject to Section 3.1(c), within each Development Period specified in Exhibit B, Applicant shall construct, equip, open and thereafter continue to operate at, and only at, Venues within the Development Area, not less than the cumulative number of Restaurants required by the Development Obligation for that Development Period.

Source: Item 23 — RECEIPT (FDD pages 101–346)

What This Means (2025 FDD)

According to the 2025 Marble Slab Creamery FDD, after acceptance, the applicant has a development obligation. Within each Development Period specified in Exhibit B, the applicant must construct, equip, open, and continuously operate at venues within the Development Area. The number of restaurants must meet or exceed the cumulative number required by the Development Obligation for that period, as detailed in Section 3.1(c). This obligation applies only to venues within the Development Area.

This means a prospective Marble Slab Creamery franchisee must be prepared to meet a specific schedule for opening new locations. The exact number of restaurants and the timeframe for opening them will be outlined in Exhibit B and Section 3.1(c) of the Franchise Agreement. Failing to meet these development obligations could result in penalties or termination of the agreement.

It is important for potential franchisees to carefully review Exhibit B and Section 3.1(c) to fully understand the development schedule and obligations. They should also consider their financial and operational capabilities to ensure they can meet the required pace of development. Understanding these obligations is crucial for the success and longevity of their Marble Slab Creamery franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.