What is the Crisp & Go Location fee for a Crisp & Green franchise?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
& Go Location Fee**
Qualified franchisees who are approved to operate a Crisp & Go Location will pay us a Crisp & Go Location fee of $5,000. The Crisp & Go Location fee is payable in full upon our approval for you to operate a Crisp & Go Location, and is considered fully earned and nonrefundable upon payment. We intend for the Crisp & Go Location fee to be uniform
Source: Item 5 — INITIAL FEES (FDD pages 14–15)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, qualified franchisees approved to operate a Crisp & Go Location will pay a fee of $5,000. This fee is due upon approval to operate the Crisp & Go Location.
The Crisp & Go Location fee is considered fully earned and is nonrefundable once paid to Crisp & Green. The FDD states that Crisp & Green intends for this fee to be uniform for all franchisees, meaning the fee is not negotiable.
This fee is separate from other fees such as the initial franchise fee of $64,500 or the area development fee, which is $54,900 multiplied by the number of restaurants a franchisee commits to open under an Area Development Agreement. The Crisp & Go location is an optional add-on for franchisees to increase customer access and convenience.
Prospective franchisees should consider this fee as part of their initial investment and ensure they have the necessary capital to cover it upon approval for a Crisp & Go Location. They should also inquire about the criteria for qualifying to operate a Crisp & Go Location to understand the requirements for approval.