Crepe Delicious Franchise

Financing Details

Crepe Delicious Holding USA, Inc. does not offer any direct or indirect financing options to its franchisees. This means that franchisees will need to secure all necessary funding for their business, including initial investment and ongoing operational costs, through third-party lenders or other financial institutions. The franchisor also does not guarantee any notes, leases, or other financial obligations for franchisees.

Litigation Summary

Crepe Delicious Holding USA, Inc. has no litigation history to report. Item 3 of the FDD states that no litigation is required to be disclosed for the company.

Renewal Conditions

To renew their franchise agreement with Crepe Delicious Holding USA, Inc., franchisees must notify the franchisor in writing between six and nine months before their current agreement expires. They must pay a renewal fee equal to 20% of the then-current franchise fee. Franchisees are also required to reimage, renovate, refurbish, and modernize their Restaurant, Kiosk, or Food Truck to meet the franchisor's latest standards for new units. Additionally, they must be in full compliance with their current franchise agreement and any other agreements with Crepe Delicious Holding USA, Inc. or its affiliates. Franchisees or their designated managers must meet the franchisor's current qualification and training requirements. Finally, franchisees and their owners must sign a new franchise agreement, which may have materially different terms and conditions, and provide a general release of claims against the franchisor.

Staffing Notes

Crepe Delicious Holding USA, Inc. requires its franchisees to hire and supervise efficient, competent, and courteous employees for the operation of their Crepe de licious Business. Franchisees are responsible for ensuring all employees work in clean, franchisor-approved uniforms, which can be furnished at the franchisee's or employee's cost. The franchisee holds sole responsibility for all employment decisions and functions, including hiring, firing, training, remuneration, compliance with wage and hour requirements, safety, work conditions, assignments, taxes, schedules, personnel policies, benefits, recordkeeping, supervision, and discipline of employees, regardless of any advice received from Crepe Delicious Holding USA, Inc. Employees are considered solely employees of the franchisee and not of Crepe Delicious Holding USA, Inc., which must be communicated to all employees and contractors. Franchisees may be required to have employees sign an employment relationship acknowledgment form. Franchisees must use their legal name on all employee-related documents and refrain from using the Crepe Delicious Marks on these documents. A conspicuous notice explaining that employees are employed by the franchisee and not by Crepe Delicious Holding USA, Inc. must also be posted. The Crepe de licious Business must be managed by the franchisee or, if the franchisee is an entity, by an owner with at least a 25% ownership interest and voting power (referred to as a "Managing Owner"), unless the franchisee is participating in a Management Program. Under certain circumstances, Crepe Delicious Holding USA, Inc. may permit the franchisee to appoint a designated manager (a "Designated Manager") to oversee day-to-day operations. This Designated Manager must meet Crepe Delicious Holding USA, Inc.'s standards for educational, managerial, and business experience and successfully complete its initial training program. Crepe Delicious Holding USA, Inc. may also require the Designated Manager to hold an ownership interest in the franchisee entity. If a Designated Manager is replaced, the new manager must satisfactorily complete the initial training program at the franchisee's expense. Designated Managers must also sign confidentiality and system protection agreements, and other employees may be required to sign similar agreements. The franchisee and their initial Designated Manager must complete an initial training program at least two weeks before opening, provided at no charge for up to three people. Additional attendees incur a $2,000 fee plus expenses. If a Designated Manager fails training, they may be required to attend additional training or be replaced.