Where is Crisp Academy located for Crisp & Green franchise training?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
- (6) There is no separate fee payable to us in connection with Crisp Academy, our initial training program, for up to four people.
You will be responsible for making arrangements for travel, accommodations, and meals for your personnel attending Crisp Academy, and you will be responsible for making payments directly to third party providers.
The estimate contemplates local accommodations and meals for four people during three weeks of Crisp Academy in Minnesota.
The low end of the estimate assumes that you and the individuals attending training reside within driving distance of the training location, and the high end assumes travel will be needed, although expenses may vary significantly depending upon factors such as the distance traveled and mode of transportation.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 22–26)
What This Means (2024 FDD)
According to Crisp & Green's 2024 Franchise Disclosure Document, the Crisp Academy initial training program is located in Minnesota. The FDD states that the estimate for travel and living expenses covers local accommodations and meals for four people during three weeks of training in Minnesota.
Prospective franchisees should consider the costs associated with travel, accommodations, and meals for themselves and their team when budgeting for the initial investment. The FDD estimates these costs to be between $2,500 and $7,500, depending on the distance traveled and mode of transportation. The lower end of the estimate assumes that the franchisee and their team reside within driving distance of the training location.
It is important to note that Crisp & Green does not charge a separate fee for the initial training program for up to four people. However, franchisees are responsible for making all arrangements and payments directly to third-party providers for travel, accommodations, and meals. This means that franchisees will need to factor in the time and effort required to coordinate these logistics in addition to the direct costs.