factual

Is the Crisp & Go Location fee refundable for a Crisp & Green franchise?

Crisp_Green Franchise · 2024 FDD

Answer from 2024 FDD Document

y include a store-specific webpage, digital menu board services, and restaurant operations software. We have the right to increase this fee no more frequently than annually.

  • 6.04 Crisp & Go Location Fee. If you elect to and are approved to operate a Crisp & Go Location, you agree to pay us a Crisp & Go Location fee of Five Thousand Dollars ($5,000). Payment of the

Source: Item 23 — RECEIPTS (FDD pages 66–252)

What This Means (2024 FDD)

According to the 2024 Crisp & Green Franchise Disclosure Document, the Crisp & Go Location fee is non-refundable. If a franchisee elects to operate a Crisp & Go Location and receives approval from Crisp & Green, they must pay a $5,000 fee. This fee is due upon approval to operate the Crisp & Go Location.

Crisp & Green considers this fee fully earned upon payment, meaning that once the franchisee pays the $5,000, they will not receive a refund under any circumstances. This is a standard practice in franchising, as the franchisor incurs costs in evaluating and approving the additional location.

Prospective franchisees should carefully consider the implications of this non-refundable fee. Before paying the $5,000, they should ensure they are fully committed to operating the Crisp & Go Location and have a solid business plan in place. Franchisees should also confirm all requirements for operating a Crisp & Go Location to avoid any issues after paying the fee.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.