What is the estimated low and high cost for leasehold improvements for a Crepe De Licious restaurant?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid | |
|---|---|---|---|---|---|
| Low | High | ||||
| Leasehold Improvements(6) | $55,000 | $150,000 | As incurred | As agreed | Landlord, Contractors, Other Suppliers |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 18–25)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the estimated cost for leasehold improvements for a restaurant ranges from $55,000 to $150,000. These costs are paid as incurred to landlords, contractors, and other suppliers as agreed upon.
Leasehold improvements encompass expenses related to the design and build-out of the restaurant, including plumbing, electrical work, and remodeling. The FDD notes that these costs can fluctuate based on factors such as the size and condition of the leased premises, local supply and demand for materials and labor, local building and fire codes, and lease requirements related to construction and signage.
The estimate does not reflect any landlord contribution or tenant improvement allowance that a franchisee may negotiate. In build-to-suit leases, landlords often cover some or all of these improvements, incorporating the costs into the lease payments. Given the variability, prospective franchisees should carefully investigate these costs in their specific location and negotiate favorable lease terms to manage this significant initial investment.