Under a Mrcool Multi-Unit Development Agreement, what is the range for the total number of Centers a franchisee will be required to develop and operate?
Mrcool Franchise · 2025 FDDAnswer from 2025 FDD Document
If we approve your request, you may have the option, in addition to signing a Franchise Agreement in the form attached as Exhibit E, to sign the Multi-Unit Development Agreement attached to this Disclosure Document as Exhibit F, to develop and operate multiple Centers. The total number of Centers that you will be required to develop and operate under a Multi-Unit Development Agreement will vary from two to five Centers, as negotiated at the time of signing the Multi-Unit Development Agreement. Each Center must be developed by you within a designated geographic area (the "Development Area") and each Center must be developed and operated under the terms of our then current individual unit Franchise Agreement which may differ from the Franchise Agreement included with this Disclosure Document. Your Multi-Unit Development Agreement will include a development schedule (the "Development Schedule") containing a deadline by which you must have each Center open and operating. Your Development Schedule may vary depending on your Development Area and the number of Centers that you are required to develop.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 8–10)
What This Means (2025 FDD)
According to Mrcool's 2025 Franchise Disclosure Document, a Multi-Unit Development Agreement requires a franchisee to develop and operate a specific number of Centers. The total number of Centers a franchisee must develop and operate under this agreement ranges from two to five. This number is determined and negotiated at the time the Multi-Unit Development Agreement is signed.
Each Mrcool Center must be developed within a designated geographic area, referred to as the "Development Area." These Centers must be operated under the terms of Mrcool's current individual unit Franchise Agreement, which may differ from the agreement included in the 2025 Franchise Disclosure Document.
The Multi-Unit Development Agreement also includes a "Development Schedule," which sets deadlines for opening and operating each Center. The specifics of this schedule, including the deadlines, can vary depending on the Development Area and the total number of Centers the franchisee is required to develop. This means that franchisees committing to a larger development area or a greater number of centers may have a more extended or flexible development timeline compared to those with smaller commitments.