Where can I find the 'Development Period' details for a Marble Slab Creamery franchise, and what does it define?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
3. OPERATOR'S DEVELOPMENT OBLIGATION
3.1 Development Obligation
- (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 Marble Slab Creamery's 2025 Franchise Disclosure Document, the 'Development Period' for a multi-unit restaurant agreement is specified in Exhibit B. Section 3.1(a) outlines the franchisee's obligation to construct, equip, open, and operate the required number of restaurants within the Development Area during each Development Period.
In practical terms, this means that if you sign a multi-unit agreement with Marble Slab Creamery, Exhibit B of your agreement will lay out a schedule. This schedule will detail how many Marble Slab Creamery stores you are required to have open and operating within specific timeframes in your designated Development Area.
Failing to meet these development obligations within the set Development Periods could potentially result in penalties or termination of the agreement. Therefore, a prospective franchisee should carefully review Exhibit B and fully understand the required development timeline before signing the Multi-Unit Restaurant Agreement.