What is the estimated range for leasehold improvements for 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 franchise agreement | Us |
| Note 1) |
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 initial investment for leasehold improvements ranges from $150,000 to $450,000. These costs are paid via check to contractors as the expenses are incurred or when they are billed. Leasehold improvements are changes made to a leased space to customize it for the specific needs of the Crave Cookies business.
This significant investment covers the costs of modifying the physical space to meet Crave Cookies's brand standards and operational requirements. These improvements can include things like interior construction, flooring, wall finishes, electrical work, plumbing, and the installation of fixtures necessary for the Crave Cookies store. The wide range suggests that the extent of required improvements can vary significantly depending on the condition and layout of the chosen location.
Prospective franchisees should carefully evaluate potential locations and obtain detailed estimates for leasehold improvements to accurately assess their total initial investment. It is important to note that Crave Cookies does not require the use of an architect unless required by state or local laws. However, all improvements must conform to Crave Cookies Franchising's System Standards. Franchisees need to factor in these costs and ensure they have sufficient capital to complete the necessary improvements before opening their Crave Cookies location.
It is also important to negotiate with the landlord for a 'free rent' period to offset the costs of these improvements. This will allow the franchisee time to complete the build out of their business before needing to pay rent. The FDD notes that none of the expenditures in the table will be refundable.