What is the reported range for bank and credit card charges for Crepe De Licious?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Advertising | $ 99 | $ 7 6 | $ 1 75 | ||
|---|---|---|---|---|---|
| Credit loss expense | 10,800 | - | 10,800 | ||
| Bank and credit card charges | 2,730 | 17,491 | 20,221 | ||
| Insurance | 4,062 | 29,814 | 33,876 | ||
| Licenses and permits | - | 2,101 | 2,101 | ||
| Lease expense | 13,083 | 249,611 | 262,694 | ||
| Meals and entertainment | - | 801 | 801 | ||
| Miscellaneous | 51 | - | 51 | ||
| Payroll | 129,000 | 210,861 | 339,861 | ||
| Payroll fees and taxes | - | 38,755 | 38,755 | ||
| Professional fees | 41,669 | 115 | 41,784 | ||
| Repairs and maintenance | 599 | 17,953 | 18,552 | ||
| Staff accommodations | 10,355 | 4,500 | 14,855 | ||
| Supplies | 1,649 | 4,254 | 5,903 | ||
| Travel expense | 20,767 | 1,942 | 22,709 | ||
| Utilities | 4,279 $ 239,143 | 2,475 | 6,754 $ 580,749 | $ 819,892 |
Source: Item 23 — RECEIPTS (FDD pages 57–233)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, bank and credit card charges ranged from $2,730 to $20,221. This figure likely represents the expenses incurred by the franchisor, Crepe De Licious Holding USA, Inc., related to processing bank and credit card transactions.
For a prospective Crepe De Licious franchisee, understanding these charges is crucial for financial planning. While this data reflects the franchisor's costs, franchisees will also incur their own bank and credit card processing fees as part of their daily operations. These fees can vary based on transaction volume, the types of cards accepted, and the rates negotiated with payment processors.
Franchisees should budget for these expenses and explore options for minimizing them, such as negotiating lower rates with credit card processors or encouraging cash payments. It's important to note that the franchisor's expenses may not directly correlate to a franchisee's expenses, as they may have different transaction volumes or negotiated rates. Therefore, prospective franchisees should conduct thorough due diligence to estimate their own potential bank and credit card charges.