What is the estimated low and high range for Professional Fees for a Crepe De Licious Kiosk?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
Restaurant
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Paid | |
|---|---|---|---|---|---|
| Low | High | ||||
| Initial Franchise | $35,000 | $35,000 | Lump sum | Upon signing of | Us |
| Fee(1) | Franchise Agreement | ||||
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 initial investment for professional fees ranges from $5,000 to $10,000. These fees cover expenses such as legal and accounting services necessary to incorporate the business, handle tax filings, establish a general ledger, prepare tax reports, and manage payroll deposits.
Crepe De Licious strongly recommends that franchisees hire a lawyer, accountant, or other professional to advise them on the franchise offering. The actual cost of these professional services can vary significantly depending on the area and the professional's experience.
For a prospective Crepe De Licious franchisee, this means setting aside between $5,000 and $10,000 to cover the costs of essential professional advice and services during the initial setup phase. It is crucial to factor in that these are estimates, and the final amount could fluctuate based on the location and the specific professionals hired.