When are the payments for Leasehold Improvements 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) | Franchise Agreement | ||||
| Territo |
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, payments for leasehold improvements are due as agreed upon with the landlord, contractors, and other suppliers. Leasehold improvements for a Crepe De Licious Kiosk are estimated to cost between $125,000 and $350,000. These improvements involve expenses associated with the design and build-out of the Kiosk, such as plumbing, electrical, and remodeling work.
The FDD notes that the estimate does not reflect any landlord contribution or tenant improvement allowance that a franchisee may negotiate. The costs may vary depending on the size, condition, and location of the leased premises, supply and demand for materials and labor in the local area, local building and fire code requirements, and requirements of the lease regarding such matters as construction, signage, and inflation. In a build-to-suit lease, the landlord typically includes some or all of the improvements and fixtures in the lease payments.
Prospective Crepe De Licious franchisees should carefully consider these costs and negotiate terms with their landlord and contractors. As the FDD states, all expenditures paid to Crepe De Licious or its affiliates are uniform and non-refundable under any circumstances once paid. All expenses payable to third parties are non-refundable, except as you may arrange for utility deposits and other payments.