What expenses are included in the Leasehold Improvements estimate for a Crave Cookies franchise?

According to Crave Cookies's 2025 Franchise Disclosure Document, the Leasehold Improvements estimate covers several expenses related to preparing the physical space for the business. These include conforming the approved space to Crave Cookies's specifications for lighting, flooring, mechanical systems, electrical systems, plumbing, carpentry, wall and ceiling treatments, exhaust/ventilation systems, storage areas, and signs.

The FDD indicates a range of $50,000 to $150,000 for leasehold improvements. The lower end of this estimate ($50,000) assumes that the franchisee is making certain types of improvements, potentially applicable to a new location that doesn't require significant alterations. Conversely, the higher end ($150,000) might apply to older locations needing substantial upgrades to meet Crave Cookies's standards.

It is important to note that the actual construction costs can vary based on factors such as the condition of the premises, the availability of materials and equipment, interest rates, and the insurance coverage the franchisee chooses. Crave Cookies Franchising, LLC does not require franchisees to use an architect for improvement projects unless required by state or local laws. The FDD emphasizes the importance of requesting estimates from contractors to determine the actual cost of leasehold improvements, as these costs can fluctuate significantly based on individual circumstances.