To whom are the payments for initial inventory and supplies paid 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 | ||||
| Territory |
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 payments for initial inventory and supplies are made to approved suppliers. This initial investment is estimated to be between $15,000 and $25,000. These costs are typically incurred as needed and paid as agreed upon with the suppliers.
For a prospective Crepe De Licious franchisee, this means that a significant portion of their initial investment will be allocated to securing the necessary inventory to begin operations. It is important to establish relationships with the approved suppliers and understand their payment terms to manage cash flow effectively during the initial phase of the business.
The franchisee should also confirm which suppliers are approved by Crepe De Licious and whether there are any preferred supplier arrangements that could offer better pricing or terms. Understanding the range of the estimated cost is also crucial for budgeting and securing adequate financing. It is important to note that these expenses are non-refundable.