To whom is the payment for Furniture, Fixtures, and Equipment 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 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 paid to Approved Suppliers. This expenditure includes items such as griddles, sandwich presses, chairs, tables, refrigerators, freezers, required signage, and other necessary items to open a Restaurant, Kiosk, or Food Truck.
The FDD indicates that the estimated cost for Furniture, Fixtures, and Equipment for a Crepe De Licious Kiosk ranges from $65,000 to $150,000. These costs are incurred as needed and paid as agreed upon with the approved suppliers. The specific amount will vary depending on factors such as the type and size of the Crepe De Licious location (Restaurant, Kiosk, or Food Truck), shipping distances, the chosen supplier, and the franchisee's credit history.
Prospective Crepe De Licious franchisees should carefully consider these costs and ensure they have sufficient capital to cover these expenses. It is also advisable to research and compare different approved suppliers to obtain the best possible pricing and terms. Understanding these payment obligations is crucial for managing the initial investment required to start a Crepe De Licious franchise.