If I sign an Area Development Agreement with Crepe De Licious, how much will I pay?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
L 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. As described in Item 5, on execution of an Area Development Agreement you must pay us $35,000 multiplied by the number of Crepe Delicious Restaurants to be developed under the Area Development Agreement. Other than the Area Development Fee, the following estimated initial investment expenditures will apply, subject to potential increases over time and other changes in circumstances. If you sign a Area Development Agreement, your professional fees, such as in the category of legal and financial, may be higher and cannot be pr
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT (FDD pages 18–25)
What This Means (2025 FDD)
According to the 2025 Crepe De Licious Franchise Disclosure Document, if you sign an Area Development Agreement, you must pay an Area Development Fee. This fee is calculated as $35,000 multiplied by the number of Crepe De Licious restaurants you commit to develop under the agreement.
Beyond the Area Development Fee, the FDD states that the estimated initial investment expenditures for a single Crepe De Licious unit will also apply. These costs may increase over time or change based on circumstances. These costs include the initial franchise fee, design fee, mechanical, electrical, plumbing, and architectural fees, real estate agent fees, rent, security deposit, utility deposit and additional storage, leasehold improvements, furniture, fixtures, and equipment, initial inventory and supplies, insurance, business licenses and permits, professional fees, signage, office equipment and supplies, grand opening promotion, uniforms, initial training expenses, POS set-up fee, digital signage displays and set-up, license and maintenance fees, miscellaneous opening expenses, and additional funds.
The FDD notes that if you sign an Area Development Agreement, your professional fees, such as legal and financial, may be higher than those for a single franchise unit, but the exact amount cannot be predicted by Crepe De Licious.