When does the customer accept ownership of food and beverage from a Crepe De Licious Restaurant?

According to Crepe De Licious's 2025 Franchise Disclosure Document, the customer accepts ownership of food and beverage at the point of delivery. Crepe De Licious recognizes revenue for product sales upon delivery to the customer, at which time the customer accepts ownership. This is standard practice in the restaurant industry, as ownership typically transfers when the customer receives the product.

For a Crepe De Licious franchisee, this means that revenue is officially recorded at the moment the food and beverage are handed over to the customer. This is important for accounting and financial reporting purposes. The short-term nature of these transactions, ending upon delivery, simplifies the revenue recognition process.

This policy ensures clear and consistent revenue recognition for Crepe De Licious, aligning with standard accounting practices. Franchisees should be aware of this policy to accurately manage their financial records and understand when sales are officially recorded.