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Entrepreneur: Start & Grow Your Business

CrepeMaker

Crepes

Background

Founded: 1992 Franchising since: 2001
8925 S.W. 148th St., #200
Village of Palmetto Bay, Florida 33176
Phone:
(888)427-3737/ (305)233-1113


Franchisor is a privately-held company with 30 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 5 0 0 5
2005 4 0 0 5

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $106.6K-375.3K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 7 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $100K
Cash liquidity requirement: $50K
Business Experience:
  • Industry experience
  • General business experience

Operations
  • 30% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5 - 30
  • Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 weeks
  • At franchisee's location: 1 week
  • As needed

Ongoing Support
  • Newsletter
  • Toll-free phone line
  • Grand opening
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Ad slicks