What expenses are Crepe De Licious franchisees responsible for related to mandatory conferences?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Convention Fee. You must attend mandatory conferences at locations that we designate, and you must pay other expenses of each person attending, including any conference fees we may charge, travel expenses, meals, living expenses, and personal expenses.
ITEM 7 ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT
The following tables describe the estimated initial investment for a single Crepe Delicious unit. We have not included a separate table for the initial investment if you sign an Area Development Agreement, since it will be substantially similar to the opening of a single franchise unit.
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, franchisees are required to attend mandatory conferences and are responsible for covering all associated costs. These costs include a convention fee, which can be up to $500 per person, payable to Crepe De Licious. This fee is due regardless of whether the franchisee attends the annual convention.
In addition to the convention fee, franchisees must also pay for the travel expenses, meals, living expenses, and personal expenses for each person attending the conference. This encompasses transportation to and from the conference location, accommodation, food, and any other incidental costs incurred during the event.
This requirement means that franchisees need to budget not only for the direct fee payable to Crepe De Licious but also for all logistical and personal costs associated with attending the mandatory conferences. These conferences are a recurring expense, and franchisees should factor them into their financial planning. The FDD does not specify how often these mandatory conferences occur, so prospective franchisees should clarify this with the franchisor to accurately estimate the annual costs.