When is the Crowne Plaza application fee due?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of Payment and When Due | To Whom Payment Is to be Made |
|---|---|---|---|
| Application Fee | $125,000 | Lump sum with | H oliday |
| (Note 1) | application | ||
| Property Improvement Plan | $ 0 to $10,000 | Before you | H oliday |
| (“PIP”) fee | submit your |
Source: Item 7 — Estimated Initial Investment (FDD pages 51–59)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the application fee of $125,000 is due in a lump sum with the application. This means that a prospective franchisee must pay the entire application fee at the time they submit their franchise application to Holiday, Crowne Plaza's parent company.
This up-front payment is a standard practice in the franchise industry, as it allows the franchisor to cover the costs associated with reviewing the application and evaluating the candidate. It also serves as a demonstration of the applicant's serious interest in becoming a franchisee.
Prospective Crowne Plaza franchisees should be prepared to have the full $125,000 available when they decide to apply for a franchise. This fee is non-refundable, so it's crucial to carefully consider the opportunity and conduct thorough due diligence before submitting the application and payment.