To whom is the payment for Additional Storage for a Crepe De Licious Kiosk 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 Ag |
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 payment for additional storage is paid to the Landlord. This cost is estimated to be between $650 and $15,000, and is due as agreed upon with the landlord.
This additional storage may be necessary depending on the location layout and size of the Crepe De Licious Restaurant, Kiosk, or Food Truck. The storage area may be located off-site, especially for locations within shopping malls.
Prospective franchisees should carefully investigate lease rates and storage options in their area to accurately estimate this cost. It's important to note that lease rates can vary significantly based on location and market conditions, and some leases may include additional expenses such as taxes, insurance, and maintenance.