To whom are the payments for business licenses and permits paid for a Cream franchise?
Cream Franchise · 2025 FDDAnswer from 2025 FDD Document
nchise Agreement)
| 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, payments for business licenses and permits are made to government agencies. This is part of the initial investment required to start a Cream franchise.
The FDD estimates that business licenses and permits will cost between $500 and $1,000. These costs cover local business licenses, which typically remain in effect for one year, but do not include occupancy and construction permits. The actual cost will vary depending on the location of the Cream shop.
Prospective franchisees should budget accordingly and be aware that these fees are a necessary part of opening their Cream franchise. It is important to verify the specific licensing and permit requirements for their local area to ensure accurate budgeting and compliance.