What is the estimated low-end cost for leasehold improvements for a Crave Cookies franchise, and what is it based on?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
en for business. For this to occur, you would need to negotiate a "free rent" period for the time it takes to build out your business. We
expect that you will rent your location. If you choose to purchase real estate instead of renting, your costs will be significantly different. We are willing to give advice on locations but ultimately, you are responsible for selecting your location. We recommend a location that is 1,200 – 2,000 square feet, however, you are free to choose the size and location of your building, as long as it complies with all the Crave Cookies Franchising, LLC standards, disclosed in this document.
- The low-end estimate of $50,000 for Leasehold Improvements is based on the assumption that the franchisee is making certain types of improvements. This low-end estimate could be applicable if you choose a new location that may not require significant leasehold improvements. The high-end estimate of $150,000 could be applicable if you choose an older location or location that requires significant leasehold improvements to meet Crave Cookies Franchising, LLC's s
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, the low-end estimate for leasehold improvements is $50,000. This estimate is based on the assumption that the franchisee is making certain types of improvements, and it could be applicable if the franchisee chooses a new location that may not require significant leasehold improvements.
The leasehold improvements include expenses to conform the approved space to Crave Cookies' specifications. These specifications cover lighting, flooring, mechanical systems, electrical systems, plumbing, carpentry, wall and ceiling treatments, exhaust/ventilation systems, storage areas, and signs.
It is important to note that the actual construction costs can vary. These costs depend on factors such as the condition of the premises, the availability of materials and equipment, interest rates, and the insurance coverage the franchisee chooses. The FDD advises franchisees to request estimates from contractors to confirm the actual cost of leasehold improvements.