Is the cost of the Crisp & Green Computer System subject to change?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
tory system from our designated supplier. The total cost of the Computer System ranges from $13,000 to $25,000. This range assumes you lease your POS system and purchase your digital menu boards. The cost is subject to change based on market conditions, availability of the products, and changes in technology, among other factors. The Computer System will record all sales information with respect to your Franchised Restaurant. We require that your Computer System be set up and interfaced with our system so that we are able to poll your daily receipts figures from our headquarters at any time. We may require computer hardware and software upgrades in the future. The frequency of these upgrades could be as often as annually or bi-annually. The costs of incorporating any upgrades into your Franchised Restaurant will be your financial obligation. We estimate the annual cost of any optional or required maintenance, updating, upgrading, or support contracts for yo
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 33–44)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the cost of the Computer System is subject to change. The total cost of the Computer System ranges from $13,000 to $25,000, which includes leasing the POS system and purchasing digital menu boards. However, this cost is not fixed.
The FDD states that the cost is subject to change based on several factors, including market conditions, the availability of products, and changes in technology. This means that the initial investment for the Computer System could be higher or lower than the stated range when a franchisee actually makes the purchase. These factors are outside of the control of both the franchisor and franchisee.
In addition to the initial cost, Crisp & Green franchisees should also be aware of potential future costs related to the Computer System. The document mentions that computer hardware and software upgrades may be required in the future, potentially as often as annually or bi-annually, and these upgrades will be the franchisee's financial obligation. The annual cost of optional or required maintenance, updates, upgrades, or support contracts for the Computer System is estimated to be $2,400 to $3,000. These ongoing costs can impact the overall profitability of the franchise.