factual

Has Cream spent any amounts from any Brand Fund on administration?

Cream Franchise · 2025 FDD

Answer from 2025 FDD Document

We do not currently have any franchisees, and therefore we did not collect any Brand Fund Contributions or spend any amounts from any Brand Fund on media production, media placement, administration, or to solicit new franchise sales in our most recently completed fiscal year. Jeni's Ice Creams Scoop Shops owned by us or our affiliates will contribute to the Brand Fund at the same rate as franchise-owned Jeni's Ice Creams Scoop Shops.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 28–35)

What This Means (2025 FDD)

According to Cream's 2025 Franchise Disclosure Document, Cream has not spent any amounts from any Brand Fund on administration. Cream states that they do not currently have any franchisees. Therefore, they did not collect any Brand Fund Contributions or spend any amounts from any Brand Fund on media production, media placement, administration, or to solicit new franchise sales in their most recently completed fiscal year.

Cream may use the Brand Fund to pay for the Brand Fund's administrative and overhead costs, including the reasonable salaries and benefits of personnel who manage and administer the Brand Fund, and any other expenses that Cream or its affiliates incur that are related to administering or directing the Brand Fund and its programs. Cream retains the right to modify Brand Fund expenditures at any time.

Cream does not have any fiduciary obligation to franchisees or any other person for administering the Brand Fund. Cream will not make the financial statements of the Brand Fund available for review by franchisees. Cream may reduce or suspend Brand Fund Contributions and/or operations of the Brand Fund for one or more periods of any length and terminate (and, if terminated, reinstate) the Brand Fund and associated Brand Fund Contributions. If Cream terminates the Brand Fund, it will spend the remaining balance of the monies in the Brand Fund in accordance with its System Standards until such amounts are exhausted. Cream may elect to maintain multiple Brand Funds, whether determined by geographic region, country, or otherwise, or consolidate or merge multiple Brand Funds.

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.