When is the Application Fee due for a Crowne Plaza franchise?
Crowne_Plaza Franchise · 2025 FDDAnswer from 2025 FDD Document
a or Crowne Plaza Suites hotel.
These estimates do not include the cost of land and contingency funds or other items that Holiday cannot estimate.
YOUR ESTIMATED INITIAL INVESTMENT
| Type of Expenditure | Amount | Method of Payment and When Due | To Whom Payment Is to be Made |
|---|---|---|---|
| Applicat |
Source: Item 6 — OTHER FEES (FDD pages 31–51)
What This Means (2025 FDD)
According to Crowne Plaza's 2025 Franchise Disclosure Document, the Application Fee is due as a lump sum with the application. The standard application fee is $125,000, payable to Holiday. This fee is a one-time charge that must be submitted when a prospective franchisee initially applies for a Crowne Plaza franchise.
This requirement means that a significant upfront investment is necessary before Crowne Plaza even begins processing the application. The fee covers the costs associated with reviewing the application and assessing the applicant's suitability as a franchisee. It is important to note that this fee is separate from other potential fees, such as the Property Improvement Plan (PIP) fee, which ranges from $0 to $10,000 and is due before submitting the application.
Prospective franchisees should be prepared to have the full $125,000 available when they decide to apply for a Crowne Plaza franchise. Understanding the timing and amount of this fee is crucial for financial planning and ensuring sufficient capital is available to proceed with the application process.