How long does a Crepe De Licious franchisee have to submit semi-monthly reports?

According to Crepe De Licious's 2025 Franchise Disclosure Document, franchisees are required to submit semi-monthly reports within 15 days after the end of the semi-monthly period to which the reports pertain. This means a Crepe De Licious franchisee must compile and submit these reports relatively quickly to keep the franchisor informed about the business's performance.

In addition to semi-monthly reports, Crepe De Licious franchisees must also submit weekly and monthly reports, as well as other reports and information that the franchisor may reasonably request. Weekly reports are due each Tuesday for the preceding business week (Monday through Sunday), and monthly reports are due within 15 days after the month to which they relate. The franchisor retains the right to modify the deadlines for submitting these reports with written notice.

Failure to submit monthly reports within five days of a request will result in a late fee of $100 per occurrence, plus an additional $100 per week until the report is submitted. These late fees are deposited into the Advertising Fund. The franchisor may also require that certain reports be certified as accurate and complete by the franchisee, their owners, or their chief financial officer, and that they be submitted in specific formats and through specified communication channels. These requirements ensure that Crepe De Licious maintains consistent standards and has access to timely and accurate information from all franchise locations.