What is the estimated range for insurance costs when opening a Crave Cookies franchise?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
- FRANCHISE AGREEMENT
| Type of expenditure | Amount | Method of payment | When due | To whom payment is to be made |
|---|---|---|---|---|
| Initial franchise fee (see | $39,500 - $39,500 | Check or wire transfer | Upon signing the fran |
Source: Item 7 — Estimated Initial Investment (FDD pages 15–17)
What This Means (2025 FDD)
According to Crave Cookies's 2025 Franchise Disclosure Document, the estimated cost for insurance ranges from $400 to $4,800. This cost is paid via check upon ordering the insurance coverage from an insurance company.
Insurance is a necessary expense for any business, as it protects against potential liabilities, property damage, and other unforeseen events. The specific type and amount of insurance coverage required can vary based on factors such as location, business size, and specific risks associated with operating a Crave Cookies franchise.
Prospective franchisees should carefully consider this estimated range and obtain quotes from multiple insurance providers to ensure they secure adequate coverage at a competitive price. It's also advisable to consult with an insurance professional who understands the specific needs of franchise businesses to determine the most appropriate coverage for a Crave Cookies location.