What was the operating lease cost for Crave Cookies?

According to Crave Cookies' 2025 Franchise Disclosure Document, the company leased a vehicle that expired in 2023 with monthly payments of $674. In 2023, Crave Cookies entered into a new vehicle lease that expires in 2025 with monthly payments of $576.

For a prospective franchisee, this indicates that Crave Cookies has experience with operating leases, specifically for vehicles. The monthly lease payments provide a benchmark for potential lease costs that a franchisee might encounter, although these figures are specific to vehicle leases and may not reflect real estate or equipment leases.

The FDD specifies that termination of the lease is generally prohibited unless there is a violation under the lease agreement. This highlights the importance of carefully reviewing lease terms and conditions before entering into any lease agreement, as early termination may not be an option without cause. Franchisees should consult with legal and financial advisors to fully understand their obligations and potential liabilities under any lease.

It is important to note that these figures represent the lease costs for Crave Cookies Franchising, LLC, and may not directly translate to the costs a franchisee will incur. Factors such as location, lease terms, and the specific assets being leased can significantly impact lease expenses. A prospective franchisee should conduct thorough due diligence and obtain independent estimates to accurately assess their potential lease costs.