To whom is the initial franchise fee for a Crepe De Licious franchise paid?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
Restaurant
| 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 | ||||
| Design Fee(2) | $5,000 | $10,000 | As incurred | Upon ordering designs | Us |
| Mechanical, | $5,000 | $25,000 | As incurred | As agreed | Third Parties |
| Electrical, | |||||
| Plumbing, and | |||||
| Architectural | |||||
| Fees(3) | |||||
| Real Estate Agent | $10,000 | $15,000 | As incurred | As agreed | Third Parties |
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, is paid to the franchisor, referred to as "Us" in the document. This fee is due upon the signing of the Franchise Agreement.
Additionally, the Territory Reservation Fee, which is between $10,000 and $10,000, is also paid to Crepe De Licious. This fee is due before the Franchise Agreement is signed. The design fee, which ranges from $5,000 to $10,000, is paid to Crepe De Licious upon ordering the designs.
Other fees, such as Mechanical, Electrical, Plumbing, and Architectural Fees, which range from $5,000 to $25,000, and Real Estate Agent Fees, which range from $10,000 to $15,000, are paid to third parties as agreed upon. Understanding to whom payments are made is crucial for budgeting and tracking expenses when starting a Crepe De Licious franchise.