factual

Besides legal and professional fees for drafting the franchise disclosure document, what other costs has Cream incurred to date?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

The only costs incurred to date are the legal and professional fees to draft the franchise disclosure document, which were paid by the Parent on behalf of the Company.

Source: Item 23 — RECEIPTS (FDD pages 61–192)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, the only costs Cream has incurred to date are the legal and professional fees associated with drafting the franchise disclosure document. These fees were paid by Cream's Parent company on Cream's behalf. This information is based on the company's financial statement as of May 29, 2025.

For a prospective franchisee, this indicates that Cream is a relatively new franchise system, or has not yet incurred significant expenses beyond the initial setup costs of franchising. The parent company's payment of these initial fees suggests a strong financial backing, which can be a positive sign for franchisees.

However, it is important to note that this information is only current up to May 29, 2025. Cream may have incurred additional costs since that date. A prospective franchisee should inquire about any subsequent expenses or liabilities Cream has taken on since this date to get a more complete picture of the company's financial health.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.