factual

What is the estimated range for rent and lease security deposit for a Crave Cookies franchise?

Crave_Cookies Franchise · 2025 FDD

Answer from 2025 FDD Document

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)
Rent and Lease Security $2,500 - $10,000 Check Upon signing lease Landlord
Deposit (see Note 2)
    1. Our estimates in this table assume you pay one month rent plus a security deposit before you open 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.
    1. Your lease security deposit and utility deposits will usually be refundable unless you owe money to the landlord or utility provider. None of the other expenditures in this table will be refundable. Neither we nor any affiliate finances any part of your initial investment.

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 rent and lease security deposits ranges from $2,500 to $10,000. This payment is typically made via check to the landlord upon signing the lease.

It's important to note that this estimate assumes the franchisee will negotiate a "free rent" period to cover the time needed to build out the business before opening. This negotiation would allow the franchisee to pay only one month's rent plus a security deposit initially. The FDD also specifies that these deposits are usually refundable, provided the franchisee does not owe money to the landlord.

Prospective Crave Cookies franchisees should carefully consider the lease terms and security deposit requirements when evaluating potential locations. Negotiating favorable lease terms, including a "free rent" period, can significantly impact the initial investment and cash flow during the early stages of the business. Understanding the conditions for refunding the security deposit is also crucial for managing finances effectively.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.