What items in the Disclosure Document relate to the pre-opening purchases/leases obligations for a Crepe De Licious franchise?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Obligation | Section in Franchise Agreement | Section in Area Development Agreement | Item in Disclosure Document |
|---|---|---|---|
| b. Pre-opening purchases/leases | Sections 4.04 and 4.05 | 3.2 and 3.3 | Items 5, 6, 7, 8 and 11 |
Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 28–29)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, Item 9 outlines the franchisee's obligations, and it indicates that pre-opening purchases and leases are detailed within specific items of the disclosure document.
Specifically, the disclosure document items that relate to pre-opening purchases/leases are Items 5, 6, 7, 8, and 11. These items likely contain information regarding the costs associated with purchasing or leasing necessary equipment, supplies, and real estate before the Crepe De Licious location can open for business.
Prospective franchisees should carefully review these items to understand the full scope of their financial obligations and any specific requirements or restrictions related to pre-opening purchases and leases. Understanding these obligations is crucial for budgeting and planning the launch of their Crepe De Licious franchise.