Signing out of account, Standby...
- 2022 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$170K - $924K
- Units as of 2021
46 7.0% over 3 years
Here’s what you need to know if you’re interested in opening a Crepe Delicious franchise.
Inspired by street vendors serving crepes in Paris, France, Chef Oded Yefet decided to take the delights of a fresh crepe and combine it with the minimalist style of a hotel/restaurant dining experience for North Americans. As a result, the urban cafe of Crepe Delicious was born.
Serving sweet and savory crepes since 2004 and luxurious gelato since 2010, Crepe Delicious now boasts more than 40 locations as the company continues to expand worldwide. Crepe Delicious began franchising in 2005 and is offering locations in the United States, Canada, and more.
Why You May Want To Start a Crepe Delicious Franchise
If you share Chef Oded's vision of serving worldly cuisine in a modern quick-service style, then becoming a Crepe Delicious franchisee might be on the menu. Franchisees should strive to be at the forefront of helping Crepe Delicious make its food known worldwide. An eye for fine quality, devotion to local ingredients, and a commitment to hand-crafted preparation are characteristics of an ideal Crepe Delicious franchisee. Although no prior business experience is required, restaurant management experience might prove to be beneficial.
As you decide if opening a Crepe Delicious franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Crepe Delicious franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
What Might Make a Crepe Delicious Franchise a Good Choice?
As a Crepe Delicious franchisee, you will be responsible for ensuring your exquisite customer service and world-class quality crepes maintain the reputation the company wishes to put forth. Whether customers call it a blintz, dosa, tortilla, or pfannkuchen, franchisees are expected to serve this internationally recognized cuisine in all its sweet and savory varieties found on the Crepe Delicious unique menu.
Crepe Delicious serves up more than its namesake, however, as over 100 different flavors of gelato are offered at most locations. The gelato is hand-made daily from fresh, local ingredients. Though the sensual flavors of gelato change with the season's ingredients, customers may always expect gelato or a fine selection of sorbets to compliment their crepes perfectly.
How To Open a Crepe Delicious Franchise
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Crepe Delicious franchising team questions.
To be part of the Crepe Delicious team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
If you are awarded a Crepe Delicious franchise, you will find it backed by various forms of ongoing support, such as access to the Crepe Delicious brand recognition, social media, product development and trends, lease negotiations, financing options, and more. A typical franchise agreement runs for ten years. Franchisees will be allowed to renew their agreement if they meet the Crepe Delicious requirements.
About Crepe Delicious
- Franchising Since
- 2005 (17 years)
- # of employees at HQ
- Where seeking
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 46 (as of 2021)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Crepe Delicious franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $170,456 - $924,300
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Crepe Delicious has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 20-50 hours
- Classroom Training
- 7-14 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Are you eager to see what else is out there? Browse more franchises that are similar to Crepe Delicious.
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