When is the payment for Furniture, Fixtures, and Equipment 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 | ||||
| Territory | $10, |
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 furniture, fixtures, and equipment is due 'as agreed' with approved suppliers. This means that the specific payment schedule will depend on the agreements you make with the suppliers from whom you purchase these items. The estimated cost for these items ranges from $85,000 to $250,000.
As a prospective franchisee, it's crucial to discuss payment terms with Crepe De Licious's approved suppliers and factor these terms into your financial planning. Understand whether suppliers require upfront payment, payment upon delivery, or offer payment plans. Negotiating favorable payment terms can significantly impact your initial cash flow and financial stability during the start-up phase.
Given the wide range in estimated costs for furniture, fixtures, and equipment, carefully evaluate your needs and explore options to manage these expenses effectively. This may involve comparing quotes from different approved suppliers, considering leasing options for certain equipment, or purchasing used equipment in good condition where permissible by Crepe De Licious standards. Always ensure that any cost-saving measures comply with the franchisor's requirements to maintain brand consistency and operational standards.