What methods of payment are accepted for the initial Crave Cookies franchise fee?
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 |
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 initial franchise fee, which ranges from $39,500 to $39,500, is payable via check or wire transfer. This payment is due upon signing the franchise agreement, and it is to be made directly to Crave Cookies Franchising, LLC.
Understanding the accepted payment methods is crucial for prospective franchisees as it allows them to prepare accordingly when entering into a franchise agreement. The option to pay via check or wire transfer provides flexibility, though franchisees should consider any associated bank fees or transfer limits.
It is also important to note that the FDD specifies that the initial franchise fee is non-refundable, as indicated in the notes section of Item 7. Therefore, franchisees should ensure they have thoroughly evaluated the opportunity before signing the agreement and submitting payment.