What is the range of the Crisp & Go Location Fee for a Crisp & Green franchise, and when is it due?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
INITIAL INVESTMENT
| Type of Expenditure | Amount (1) | Method of Payment | When Due | To Whom Payment Is to Be Made |
|---|---|---|---|---|
| Initial Franchise Fee (2) | $64,500 | Lump sum | Upon signing the Franchise Agreement | Us |
| Crisp & Go Location Fee | $0 to $5,000 | Lump sum | Upon approval to add a Crisp |
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 & Go Location Fee ranges from $0 to $5,000. This fee is paid as a lump sum.
The fee is due upon approval to add a Crisp & Go Location. This suggests that the fee is contingent on Crisp & Green's approval for the franchisee to operate a Crisp & Go Location, implying that not all franchisees may be approved for this option.
Prospective franchisees should inquire about the criteria for approval to operate a Crisp & Go Location and understand the circumstances under which the fee would be $0 versus $5,000. Understanding these factors is crucial for budgeting and planning the initial investment.