When are all franchise fees paid when signing a Multi-Unit Development Agreement with Crave Cookies?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
| Minnesota | Minnesota Department of Commerce Securities-Franchise Registration 85 7th Place East, Suite 280 St. Paul, MN 55101-2198 (651) 539-1500 | Commissioner of Commerce Minnesota Department of Commerce 85 7th Place East, Suite 280 St. Paul, MN 55101-2198 (651) 539-1500 |
|---|---|---|
| New York | New York State Department of Law Investor Protection Bureau 28 Liberty St. 21st Floor New York, NY 10005 212-416-8236 | Secretary of State 99 Washington Avenue Albany, NY 12231 |
| North Dakota | North Dakota Securities Department 600 East Boulevard Ave., State Capital Fifth Floor, Dept. 414 Bismarck, ND 58505-0510 (701) 328-4712 | |
| Oregon | Department of Consumer & Business Services Division of Finance and Corporate Securities Labor and Industries Building Salem, Oregon 97310 (503) 378-4140 | |
| Rhode Island | Department of Business Regulation Securities Division 1511 Pontiac Avenue John O. Pastore Complex–69-1 Cranston, RI 02920-4407 (401) 462-9527 | |
| South Dakota | Division of Insurance Securities Regulation 124 South Euclid Suite 104 Pierre, SD 57501-3185 (605) 773-3563 | |
| Virginia | State Corporation Commission 1300 East Main Street 9th Floor Richmond, VA 23219 (804) 371-9051 | Clerk of the State Corporation Commission 1300 East Main Street, 1st Floor Richmond, VA 23219 |
| Washington | Department of Financial Institutions | Department of Financial Institutions |
| Securities Division | Securities Division | |
| P.O. Box 41200 | 150 Israel Rd SW | |
| Olympia, WA 98504-1200 | Tumwater, WA 98501 | |
| (360) 902-8760 | (360) 902-8760 | |
| Wisconsin | Division of Securities Department of Financial Institutions Post Office Box 1768 Madison, WI 53 |
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, the timing of franchise fee payments depends on whether the franchisee is entering into a Multi-Unit Development Agreement (MUDA). Upon executing the MUDA, the franchisee must pay the total initial franchise fee for the first location. For each additional location listed on the MUDA, a deposit of $5,000 is required to reserve the location, with the remaining balance due at the time of lease signing. These initial franchise fees and deposits are non-refundable.
For franchisees in Washington, the standard payment schedule may not apply. Because Crave Cookies has material pre-opening obligations for each franchised business opened under the MUDA, the franchise fee will be released proportionally for each franchise outlet opened. This proportional release continues until Crave Cookies has met all its pre-opening obligations under the agreement and the franchisee is open for business at each location.
In summary, franchisees should be aware that the payment schedule for franchise fees under a MUDA varies depending on the location of the franchise and the fulfillment of pre-opening obligations by Crave Cookies. Franchisees should carefully review the specific terms of their MUDA and any applicable state addenda to understand their payment obligations.