What expenses are specifically excluded from the 'Additional Funds' estimate for a Crepe De Licious franchise?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
tional Funds. These amounts represent our estimate of the amount needed to cover your expenses for the initial three-month start-up phase of your Crepe de licious Business. These figures include threemonth estimates of the Technology Fee (currently $250 per month) and POS software license fee (currently estimated to be between $100 and $200 per month per POS system). These figures do not include standard pre-opening expenses, Royalty Fees, or advertising fees payable under the Franchise Agreement or debt service, and assume that none of your expenses are offset by any sales generated during the s
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 'Additional Funds' estimate covers expenses for the initial three-month start-up phase of the Crepe De Licious business. These figures include three-month estimates of the Technology Fee (currently $250 per month) and POS software license fee (currently estimated to be between $100 and $200 per month per POS system). However, the estimate specifically excludes certain expenses.
The expenses not included in the 'Additional Funds' estimate are standard pre-opening expenses, Royalty Fees, advertising fees payable under the Franchise Agreement, and debt service. The estimate also assumes that none of the franchisee's expenses are offset by any sales generated during the start-up phase.
This means that franchisees need to budget separately for these excluded items, as they will not be covered by the 'Additional Funds' estimate. It is important for prospective franchisees to carefully consider these exclusions and factor them into their overall financial planning to ensure they have sufficient capital to cover all expenses during the initial start-up period and beyond. Understanding these exclusions is crucial for accurate financial forecasting and avoiding potential cash flow issues during the critical early months of operation.