What is the maximum Convention Fee that Crepe De Licious can charge per person?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Convention Fee(4) | Then-current fee (currently up to $500 per person) | As incurred | Payable to us to help defray the cost of your attendance at any annual convention that we choose to hold. This fee is due regardless of whether or not you attend our annual convention in any given year. |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the maximum Convention Fee is currently up to $500 per person. This fee is payable to Crepe De Licious to help cover the costs of a franchisee's attendance at any annual convention that Crepe De Licious chooses to hold.
It's important to note that this fee is due regardless of whether or not the franchisee attends the annual convention in any given year. This means a franchisee will be required to pay the fee even if they do not attend the convention.
Franchisees should factor this mandatory convention fee into their operating expenses, as it is an annual cost regardless of attendance. It is also important to note that the fee is the "then-current fee", meaning it could increase over time.