Under what condition is the Crisp & Go Location Fee due for a Crisp & Green franchise?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
| 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, which ranges from $0 to $5,000, is due upon approval to add a Crisp & Go Location. This fee is paid as a lump sum to Crisp & Green.
This fee is separate from other initial investments required to open a standard Crisp & Green franchise. The FDD notes that setting up an offsite designated pickup area is included in the furniture, fixtures, and supplies costs, but it does not include the point-of-sale or inventory management systems or the commercial kitchen that will be necessary for the operation of your Franchised Restaurant.
Prospective franchisees should clarify with Crisp & Green what factors determine the exact amount of the Crisp & Go Location Fee within the stated range. Understanding the criteria for approval and the specific requirements for setting up a Crisp & Go Location is essential for budgeting and planning.