factual

What is the estimated annual cost of maintenance for the Crepe De Licious Computer System?

Crepe_De_Licious Franchise · 2025 FDD

Answer from 2025 FDD Document

cost of this obligation.

You must obtain the Computer System, software licenses, maintenance and support services, and other related services from the suppliers we specify (which may be limited to us and/or our affiliates). We may periodically modify the specifications for, and components of, the Computer System. These modifications and/or other technological developments or events may require you to purchase, lease, and/or obtain by license new or modified computer hardware and/or software, and obtain service and support for the Computer System. The Franchise Agreement does not limit the frequency or cost of these changes, upgrades, or updates. We estimate that the annual cost of required maintenance updates or upgrading or support contracts will be $500 (however, it may be more or less, depending the update or contract). We have no obligation to reimburse you for any Computer System costs. Within 60 days after you receive notice from us, you must obtain the components of the Computer System that we designate and ensure that your Computer System, as modified

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 29–40)

What This Means (2025 FDD)

According to Crepe De Licious's 2025 Franchise Disclosure Document, the estimated annual cost of required maintenance updates or upgrading or support contracts for the Computer System is $500. However, this amount may vary depending on the specific update or contract.

Crepe De Licious does not provide ongoing maintenance, repairs, upgrades, updates, or support for the Computer System. Instead, franchisees are responsible for arranging installation, maintenance, and support at their own cost. The Franchise Agreement does not set limitations on the costs associated with the required support, maintenance, repairs, or upgrades.

The actual cost of maintaining, updating, or upgrading the Computer System can fluctuate based on the franchisee's repair history, the cost of computer maintenance services in their area, and technological advancements. Franchisees are also obligated to upgrade or replace their Computer System when Crepe De Licious revises its specifications, and there are no limitations on the frequency or cost of this obligation.

Prospective Crepe De Licious franchisees should consider that while the initial estimate for annual maintenance is $500, the actual expenses could be significantly higher due to unforeseen repairs, necessary upgrades, and the evolving requirements of the Computer System. It is important to factor in these potential costs when evaluating the overall investment required to operate a Crepe De Licious franchise.

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.