When is the initial franchise fee due for a Crave Express Restaurant?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
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| (1) Type of Expenditure | (2) Amount | (3) Method of Payment | (4) When Due | (5) To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Franchise Fee (1) | $45,000 | Lump Su |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–26)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the initial franchise fee for an Express Restaurant is $45,000. This fee is due in a lump sum when the Franchise Agreement is signed. The payment is made directly to Crave. This information is listed in the table outlining the estimated initial investment for an Express Restaurant.
Prospective franchisees should be aware that this fee is non-refundable in most cases, as stated elsewhere in Item 7. This means that once the Franchise Agreement is signed and the fee is paid, the franchisee will likely not receive a refund, even if they later decide not to proceed with opening the Express Restaurant. It is crucial to carefully consider all aspects of the franchise opportunity before signing the agreement and paying the initial franchise fee.
Understanding the payment terms and conditions is a critical part of the due diligence process. Franchisees should also confirm whether there are any circumstances under which the fee might be refundable, despite the general statement of non-refundability. Consulting with a franchise attorney can help clarify these and other legal and financial aspects of the franchise agreement.