When is the Crepe De Licious initial franchise fee due?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | ||||
| Territory | $10,000 | $10,000* | Lump Sum | Due before Franchise | Us |
| Reservation Fee(1) | Agreement is signed |
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 initial franchise fee, which ranges from $35,000 to $35,000, is due as a lump sum upon the signing of the Franchise Agreement. This fee compensates Crepe De Licious for the pre-opening assistance they provide to enable the franchisee to launch their Crepe De Licious business.
In addition to the initial franchise fee, a prospective franchisee may also encounter a Territory Reservation Fee. This fee, which is a lump sum of $10,000, is due before the Franchise Agreement is signed. The Territory Reservation Fee is credited towards the Initial Franchise Fee if you purchase a Franchise and sign a Franchise Agreement.
Understanding the payment schedule for these initial fees is crucial for prospective Crepe De Licious franchisees as it impacts their initial investment and cash flow planning. Knowing when these payments are due allows for better financial preparation and ensures compliance with the franchisor's requirements.