What does Crepe De Licious exclude from the transaction price?

According to Crepe De Licious's 2025 Franchise Disclosure Document, the company excludes amounts collected on behalf of third parties from the transaction price. Additionally, revenue is presented net of any sales, use, and excise taxes collected from its customers.

For a prospective Crepe De Licious franchisee, this means that when calculating revenue, the company does not include sales, use, and excise taxes. These taxes are collected from customers but are remitted to the appropriate taxing authorities rather than being retained by Crepe De Licious as revenue. Similarly, any amounts collected on behalf of third parties are also excluded from the transaction price.

This accounting practice provides a clearer picture of Crepe De Licious's actual revenue from its operations, as it isolates the income the company earns directly from its services and product sales. Franchisees should be aware of this when reviewing financial statements and calculating their own revenue and tax obligations.