When are the payments for business licenses and permits due for a Crepe De Licious franchise?
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 are due 'as agreed' with third parties. The estimated cost for business licenses and permits ranges from $5,000 to $20,000, which is paid as incurred.
This means that the timing of these payments will depend on the specific requirements of the city, county, and state where the Crepe De Licious franchise is located. The franchisee will need to check with local authorities to determine when these payments are due. These fees are paid to third parties, not directly to Crepe De Licious.
Prospective franchisees should factor these costs and the variability in payment timing into their initial investment planning. It is important to budget adequately for these expenses and to understand the local regulations regarding business licenses and permits to avoid any delays or penalties in opening and operating the Crepe De Licious franchise.