What does the initial franchise fee for a Crepe De Licious franchise cover?
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 |
Initial Franchise Fee.
You must pay us an initial franchise fee to purchase a franchise.
The initial franchise fee is payment for all our pre-opening assistance that we will provide to allow you to open your Crepe de licious Business.
See Item 5 for additional information about your Initial Franchise Fee and the Territory Reservation Fee. *Because the Territory Reservation Fee is credited towards the Initial Franchise Fee if you purchase a Franchise and sign a Franchise Agreement, we have not calculated it as a separate fee from the Initial Franchise Fee.
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 of $35,000 is a payment for the pre-opening assistance that Crepe De Licious provides to enable a franchisee to open their Crepe De Licious Business. The FDD also mentions a Territory Reservation Fee, which is listed as $10,000.
In practical terms, this means that the initial franchise fee covers the support and guidance Crepe De Licious offers during the setup phase. This assistance is crucial for new franchisees as they navigate the complexities of launching their business.
It is important to note that this fee is non-refundable once paid. Additionally, a Territory Reservation Fee exists, which is credited towards the Initial Franchise Fee if the franchisee proceeds with signing a Franchise Agreement. This arrangement allows prospective franchisees to secure a specific territory while they complete their due diligence, with the reservation fee ultimately contributing to the overall franchise fee if they move forward.