When is the territory reservation fee due for a Crepe De Licious franchise?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 | $10,000 | $10,000* | Lump Sum | Due before Franchise | Us |
| Reservation Fee(1) | Agreement is signed |
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 territory reservation fee is due before the Franchise Agreement is signed. The fee itself is a lump sum of $10,000. This fee is paid directly to Crepe De Licious.
It is important to note that this territory reservation fee is credited towards the initial franchise fee if you proceed to purchase a franchise and sign the Franchise Agreement. This means that the $10,000 paid for the territory reservation will be deducted from the $35,000 initial franchise fee.
Prospective franchisees should carefully consider their interest in a Crepe De Licious franchise and their ability to sign a Franchise Agreement before paying the territory reservation fee. While the fee is credited towards the initial franchise fee, it is still a significant upfront cost.