Cream 2025 FDD FAQ

In 2022, what was the total number of company-owned Cream outlets opened across all states? aggregated_summary

According to the FDD, were any Cream outlets sold to franchisees in 2024? aggregated_summary

According to the table, what is the total projected number of new company-owned Cream outlets planned to open in the next fiscal year across all listed states? aggregated_summary

What is the average leasehold improvement cost for Jeni's Ice Creams Scoop Shops opened by affiliates between 2023 and 2024, as referenced in the Cream FDD? aggregated_summary

What is the average size of the Jeni's Ice Creams Scoop Shops opened by affiliates between 2023 and 2024, as referenced in the Cream FDD? aggregated_summary

What was the average tenant allowance from the landlord for Jeni's Ice Creams Scoop Shops opened by affiliates between 2023 and 2024, as referenced in the Cream FDD? aggregated_summary

For Cream franchises, what was the total number of outlets at the start of 2022? aggregated_summary

For all Cream Item 19 Shops, what was the median annual Net Profit? aggregated_summary

For all Cream Item 19 Shops, what was the median annual Total Operating Expenses? aggregated_summary

How many company-owned Cream outlets were closed across all states in 2023? aggregated_summary

How many company-owned Cream outlets were closed across all states in 2024? aggregated_summary

How many Cream outlets were reacquired from franchisees in total during 2023? aggregated_summary

What was the median annual cost of Supplies for all Cream franchises? aggregated_summary

What was the median annual Direct Labor for Cream franchises overall? aggregated_summary

What was the median annual Occupancy cost for all Cream franchises? aggregated_summary

What was the median annual Repairs and Maintenance for all Cream Item 19 Shops? aggregated_summary

What percentage of Cream franchises had equal or lower Direct Labor than the average annual Direct Labor? aggregated_summary

What percentage of Cream franchises had equal or lower Occupancy than the average annual Occupancy? aggregated_summary

What percentage of all Cream Item 19 Shops had annual Net Sales that met or exceeded the average annual Net Sales? aggregated_summary

What rights does Cream retain regarding business activities within my Development Area? aggregated_summary

What is the total estimated low and high initial investment for a Cream franchise? aggregated_summary

What was the total number of company-owned Cream outlets at the end of 2024? aggregated_summary

What was the total number of Cream outlets closed in 2024? aggregated_summary

What was the total number of Cream outlets at the end of 2023? aggregated_summary

What was the total number of Cream outlets opened in 2022? aggregated_summary

Which agreement, Franchise or Area Development, outlines the initial and ongoing training obligations for a Cream franchise? comparative

Which agreement, Franchise or Area Development, specifies pre-opening purchase/lease obligations for a Cream franchise? comparative

How does the average Annual Net Sales of the top 25% of Cream shops compare to the average Annual Net Sales of all corporate-owned shops? comparative

If a Cream franchisee is late on a payment, as mentioned in Item 6, how does the interest rate compare to typical financing options a franchisee might explore independently, given the lack of financing offered by Cream in Item 10? comparative

What is the impact on Cream franchisees if the data in Item 19 is based solely on corporate-owned shops? comparative

What is the impact on potential Cream franchisees if the Item 19 data does not include franchised outlets? comparative

How does the initial franchise fee for Cream, as described in Item 5, compare to the estimated total initial investment range in Item 7? comparative

How does the Cream initial franchise fee (Item 5) compare to the estimated costs for leasehold improvements and construction (Item 7)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with marketing and advertising, especially given the franchisor's advertising support (Item 11)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with ongoing operational support, especially given the franchisor's assistance before opening (Item 11)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with ongoing technology support, especially given the franchisor's assistance before opening (Item 11)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with ongoing marketing and advertising, especially given the franchisor's advertising support (Item 11)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with ongoing training and development, especially given the franchisor's assistance before opening (Item 11)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with real estate and leasehold improvements (Item 7)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential costs associated with training and support, especially given the franchisor's assistance before opening (Item 11)? comparative

How does the Cream initial franchise fee (Item 5) compare to the potential revenue a franchisee might generate in their first year, considering the lack of territory exclusivity (Item 12)? comparative

How does the Cream initial franchise fee (Item 5) compare to the total estimated costs for equipment and fixtures (Item 7)? comparative

What is the relationship between the Cream initial franchise fee (Item 5) and the ongoing royalty fees, if any, that might be described elsewhere in the FDD but are not explicitly mentioned in Item 6? comparative

Is a Cream franchisee required to provide financial information for their owners and guarantors? condition

Is a Cream franchisee required to use a standard chart of accounts if Cream requests it? condition

Under what condition is the transfer fee waived for a Cream franchise transfer after death or disability? condition

According to the Cream FDD, what happens if the Franchisor makes promises about advertising that are different from the FDD? conditional

According to the Cream franchise agreement, what event might trigger the start of the restricted period for a person who initially fails to comply with Section 15.C? conditional

According to the Cream franchise agreement, what happens if a person restricted by Section 15.C fails to comply with their obligations upon termination or expiration? conditional

According to the Cream franchise agreement, what happens to the two-year restricted period if a person fails to comply with the obligations of the restriction as of the termination or expiration date? conditional

According to the Cream franchise agreement, under what circumstance can I sell products and services of any kind and in any manner from my shop and/or using the Cream Marks? conditional

According to the Minnesota addendum, to what extent will Section 15.E of the Cream franchise agreement be enforced? conditional

According to the Rider to Lease Agreement, what is the condition for the Franchisor to be released from all liability under the Lease or otherwise accruing after the date of such assignment for a Cream franchise? conditional

According to the Rider to Lease Agreement, what is the condition for the Landlord to agree to accept cure tendered by Franchisor as if the same was tendered by Tenant for a Cream franchise? conditional

According to the Rider to Lease Agreement, what is the condition for the Landlord to agree to allow Tenant to use Franchisor's standard interior and exterior signage and designs for a Cream franchise? conditional

According to the Rider to Lease Agreement, what is the condition for the Landlord to grant and approve Tenant the right to display the Marks at the Premises for a Cream franchise? conditional

According to the Rider to Lease Agreement, what is the condition for the Tenant nor any other franchisee to be afforded such release in the event Tenant/such franchisee is the assignor for a Cream franchise? conditional

According to the Rider to Lease Agreement, what is the dependency for the Landlord to give Franchisor written notice of any default by Tenant for a Cream franchise? conditional

According to the Rider to Lease Agreement, what is the exception to the Landlord's obligation to give Franchisor written notice of any default by Tenant for a Cream franchise? conditional

According to Section 16.D, under what circumstances are costs incurred by Cream in connection with my contact information indemnifiable? conditional

Are the additional disclosures in this section applicable to all Cream franchisees, or only those in specific states? conditional

After the Cream agreement terminates, can I continue to sell products from my shop if Cream directs me to in connection with their purchase option? conditional

Is Cream allowed to provide financial performance information that is not included in Item 19 without meeting specific conditions? conditional

Does the Cream Area Development Agreement specify any exceptions to the non-competition covenants? conditional

Does the Cream Area Development Agreement specify that the non-compete radius is subject to state law? conditional

Is the Cream audited balance sheet included because the company has been in business for 3 years? conditional

Besides federal laws, what state's laws govern the Cream franchise agreement if the franchisee is in Illinois? conditional

Will Cream charge a franchise meeting fee even if I or my Shopkeeper do not attend the meeting? conditional

Does the commercial property insurance for a Cream franchise need to include flood and earthquake coverage, and under what conditions? conditional

Does the commercial property insurance for a Cream shop need to include flood and earthquake coverage, and if so, under what condition? conditional

Does compliance with all agreements affect my Protected Territory with Cream? conditional

Does compliance with the Area Development Agreement guarantee territorial protection for Cream franchisees? conditional

What is the condition regarding post-termination obligations for the Cream franchisee and transferring owners upon transfer? conditional

What is the condition regarding the term of the new franchise agreement if the transferee of a Cream franchise signs a new agreement? conditional

What conditions applicable to a transfer described in Section 12.C must I satisfy when transferring my Cream Franchise Agreement to a wholly-owned entity? conditional

What conditions must I meet to prevent Cream or its affiliates from establishing or operating a Jeni's Ice Creams Scoop Shop in my Development Area? conditional

What is the consequence of a Cream franchisee terminating the franchise agreement for a reason other than Cream's material failure to comply? conditional

What are the consequences if a Cream franchisee violates the Digital Presence policy? conditional

What is the dependency between lease approval and franchise renewal for a Cream franchise? conditional

What is the dependency for the Maryland provisions to be annexed to and form part of the Cream franchise agreement? conditional

What is the dependency between transferring a Cream Area Development Agreement or Development Rights and transferring associated Franchise Agreements? conditional

In the event of the death or disability of a Cream franchisee, what happens if the transferee does not meet all the conditions in Section 12.C? conditional

In the event of the death or disability of the Principal Owner of a Cream franchise, can Cream appoint a third party to operate the Shop on an interim basis? conditional

To what extent will Cream enforce the termination provision in the Franchise Agreement and Area Development Agreement upon a franchisee's bankruptcy in Maryland? conditional

To what extent will Cream enforce the termination provision related to bankruptcy in the Franchise Agreement? conditional

Does the Cream Franchise Agreement specify any exceptions to the non-competition covenants? conditional

Does the Cream Franchise Agreement specify that the non-compete radius is subject to state law? conditional

For a Cream franchise, what is the exception regarding the Initial Training Program fee for the first three attendees? conditional

For a Cream franchise, what happens if the franchisee already owns some components of the Computer System? conditional

Can a Cream franchisee disclaim reliance on statements made by the franchisor in certain states? conditional

What must the Cream franchisee do before Cream identifies the Protected Territory? conditional