What is the reported range for utilities expenses 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, the reported utilities expenses range from $2,475 to $239,143. This data reflects expenses incurred by the franchisor, Crepe Delicious Holding USA, Inc., not individual franchisee locations. The expenses include $4,279 and $239,143, which are associated with specific columns in the provided table, and the total utilities expense is reported as $243,422.
For a prospective Crepe De Licious franchisee, this indicates the potential variability in utility costs. The wide range suggests that utility expenses can fluctuate significantly based on factors such as location, size of the restaurant, and energy consumption. It is important to note that these figures represent the franchisor's expenses, which may include costs for corporate-owned locations or other facilities, and may not directly reflect the expenses a franchisee would incur.
Understanding these potential costs is crucial for budgeting and financial planning. Franchisees should conduct thorough due diligence to estimate their own utility expenses, considering local rates and usage patterns. It would be prudent to discuss typical utility costs with existing franchisees to gain a more accurate understanding of what to expect. Additionally, prospective franchisees should inquire about any energy-efficient practices or equipment that could help mitigate these expenses.
In summary, while the FDD provides some insight into the franchisor's utility expenses, franchisees need to conduct their own research to determine the specific costs they will face. This involves gathering information about local utility rates, understanding the energy consumption of their restaurant, and implementing strategies to manage and reduce these expenses.