When is the payment for Signage 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, the payment for signage, which ranges from $10,000 to $25,000, is due as agreed upon with approved suppliers and is considered an incurred cost. This means that the franchisee will need to arrange payment terms with the signage vendor, and the payment will be due according to those agreed-upon terms.
As the payment is due as agreed, a prospective Crepe De Licious franchisee should discuss payment schedules and options with the approved signage suppliers to understand their specific requirements. This will allow the franchisee to budget accordingly and ensure timely payment to avoid any delays in the opening of their Crepe De Licious Kiosk.
Understanding the payment terms for signage is crucial for managing the initial investment. Franchisees should factor these costs and payment schedules into their overall financial planning to ensure they have sufficient funds available when needed. This proactive approach will help in maintaining a smooth and timely launch of the Crepe De Licious business.