When is the payment for Office Equipment and Supplies 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) |
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, payment for office equipment and supplies is due 'as agreed'. The cost for these items ranges from $3,500 to $5,000. These expenses are incurred when purchasing specified computer hardware, including the designated point-of-sale system, business stationery, and other related items required to operate and manage the Crepe De Licious business according to their system standards. Payment is made to Crepe De Licious or approved suppliers.
Since the payment timing is 'as agreed,' prospective franchisees should clarify the specific payment schedule and terms with Crepe De Licious during their due diligence. Understanding these terms is crucial for managing initial investment costs and cash flow.
It is typical in franchising for equipment and supplies to be paid for upon ordering or delivery, so 'as agreed' provides some flexibility but also necessitates careful inquiry. Franchisees should also confirm whether financing options are available for these expenses, although the FDD states that Crepe De Licious does not offer direct or indirect financing.