Is a Crave Cookies franchisee required to rent their location, or can they purchase real estate?
Crave_Cookies Franchise · 2025 FDDAnswer from 2025 FDD Document
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- 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. We are willing to give advice on locations but ultimately, you are responsible for selecting your location. We recommend a location that is 1,200 – 2,000 square feet, however, you are free to choose the size and location of your building, as long as it complies with all the Crave Cookies Franchising, LLC standards, disclosed in this document.
Source: Item 23 — RECEIPTS (FDD pages 47–194)
What This Means (2025 FDD)
According to Crave Cookies' 2025 Franchise Disclosure Document, franchisees are not required to rent their location. The FDD states that Crave Cookies expects franchisees will rent their location, but franchisees have the option to purchase real estate instead. If a franchisee chooses to purchase real estate, the costs will be significantly different than the estimated initial investment which assumes the franchisee will rent.
The FDD indicates that Crave Cookies is willing to give advice on locations, but ultimately the franchisee is responsible for selecting the location. Crave Cookies recommends a location that is 1,200 – 2,000 square feet, however, franchisees are free to choose the size and location of their building, as long as it complies with all the Crave Cookies standards disclosed in the FDD.
This flexibility provides an advantage to prospective franchisees, allowing them to choose the option that best fits their financial situation and business strategy. Purchasing real estate could offer long-term investment benefits, while renting may reduce the initial capital expenditure. Franchisees should carefully consider the pros and cons of each option, taking into account factors such as location, market conditions, and their own financial goals.