When is the payment for Business Licenses and Permits for a Crepe De Licious Kiosk due?
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 | ||||
| Terri |
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 business licenses and permits is "as agreed" and "as incurred." This means that the timing of the payment will depend on the specific agreements you make with the third parties involved in issuing the licenses and permits required to operate your Crepe De Licious business.
As a prospective franchisee, you should budget between $5,000 and $20,000 for these licenses and permits. It is important to note that these fees are paid to third parties, not directly to Crepe De Licious.
Given that the payment timing is variable, it is crucial to clarify the payment schedules with the relevant licensing authorities during the setup phase. Understanding these timelines will help you manage your initial investment and ensure compliance with all local, county, and state regulations for your Crepe De Licious Kiosk.