factual

To whom is the initial franchise fee paid when opening a Cream franchise?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Expenditure Amount Method of Payment 1 When Due To Whom Payment is Made
Low
Initial Franchise Fee $40,000 $40,000 Lump sum Upon signing Franchise Agreement Us

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–22)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, the initial franchise fee is paid directly to the franchisor, referred to as "Us" in the document. This fee is a one-time, lump sum payment of $40,000, due upon signing the Franchise Agreement.

This payment structure is typical in franchising, where the initial fee compensates the franchisor for granting the franchise rights, providing initial training, and offering support to the new franchisee. The franchisee should ensure they have the full $40,000 available when they are ready to sign the agreement, as this is a prerequisite for moving forward with establishing their Cream franchise.

It is important to note that this initial franchise fee is separate from other potential fees or investments required to start the Cream business, such as real estate costs, leasehold improvements, equipment, and initial inventory. These additional costs are paid to various third-party suppliers, landlords, and other service providers as outlined in the FDD.

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.