What is the Transfer Fee for a Crepe De Licious franchise if transferring to an existing franchisee?
Crepe_De_Licious Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee(1) | Amount | Due Date | Remarks |
|---|---|---|---|
| Convention Fee(4) | Then-current fee (currently up to $500 per person) | As incurred | Payable to us to help defray the cost of your attendance at any annual convention that we choose to hold. This fee is due regardless of whether or not you attend our annual convention in any given year. |
| Transfer Fee | $5,000 if transferring to one of our existing franchisees; $10,000 if transferring to a third party | $1,000 non- refundable deposit at time transfer application is submitted, and the remaining balance of fee at time of approved transfer | Payable in connection with the transfer of your Restaurant, Kiosk, or Food Truck, a transfer of ownership of your legal entity, or the Franchise Agreement. |
Source: Item 6 — OTHER FEES (FDD pages 12–18)
What This Means (2025 FDD)
According to Crepe De Licious's 2025 Franchise Disclosure Document, the transfer fee is $5,000 if you are transferring your franchise to one of their existing franchisees. If, instead, you are transferring to a third party, the transfer fee is $10,000.
A $1,000 non-refundable deposit is due at the time the transfer application is submitted to Crepe De Licious. The remaining balance of the transfer fee is due at the time of the approved transfer. This fee is payable in connection with the transfer of your Restaurant, Kiosk, or Food Truck, a transfer of ownership of your legal entity, or the Franchise Agreement.
It is important to note that all fees paid to Crepe De Licious or their affiliates are non-refundable under any circumstances once paid. Prospective franchisees should carefully consider these costs and conditions when evaluating a Crepe De Licious franchise.