About Eight Turn Crepe Franchise
Eight Turn Crepe is a specialty crepe franchise that serves Japanese style street crepes filled with sweet and savory ingredients.
The brand began franchising in 2022, offering a portable, Instagram friendly food concept that has gained popularity in food halls, shopping centers, and high traffic pedestrian areas.
The franchise fee is $40,000.
Eight Turn Crepe Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 6% of your gross sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently none; if implemented, 3% of gross sales (Marketing Fund Contribution) and minimum 1% of gross sales (Local Marketing Requirement). Market Cooperative Contribution as determined by co-op, currently none. | National brand fund |
| Total Investment Range | $172,350 – $347,500 | Includes build-out, inventory, working capital |
The investment range of $172K–$348K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of your gross sales) and marketing fee (Currently none; if implemented, 3% of gross sales (Marketing Fund Contribution) and minimum 1% of gross sales (Local Marketing Requirement). Market Cooperative Contribution as determined by co-op, currently none.) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial franchise fee | $40,000 | $40,000 |
| Rent and Lease Security Deposit | $5,000 | $15,000 |
| Utilities | $500 | $1,000 |
| Leasehold Improvements | $60,000 | $150,000 |
| Grand Opening Program | $10,000 | $10,000 |
| Furniture, Fixtures, and Equipment | $20,000 | $50,000 |
| Computer Systems | $500 | $1,500 |
| Insurance | $500 | $1,500 |
| Signage | $1,500 | $5,000 |
| Office Expenses | $500 | $1,000 |
| Inventory | $5,000 | $15,000 |
| Licenses and Permits | $350 | $500 |
| Dues and Subscriptions | $1,500 | $1,000 |
| Professional Fees (lawyer, accountant, etc.) | $1,500 | $3,000 |
| Travel, lodging and meals for initial training | $500 | $3,000 |
| Additional funds (for first 3 months) | $25,000 | $50,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $15,000 plus any broker fees and other out-of-pocket costs |
| Renewal Fee | $10,000, plus any other out-of-pocket costs |
| Technology Fee | $50-$100 per month (Software subscription) |
| Audit Fee | Our actual cost (if failed to submit reports, non-compliance, or under-reported gross sales by more than 3%) |
| Non-compliance fee | $500 (then $250 per week) |
| Reimbursement | Amount that we spend on your behalf, plus 10% |
| Late fee | $100 plus interest on the unpaid amount at a rate equal to 18% per year |
| Fee for failing to report Gross Sales | 125% of the last Gross Sales reported to us |
| Insufficient funds fee | $50 |
| Costs of collection | Our actual costs |
| Special Support fee | Currently, $600 per day, plus our expenses |
| Customer complaint resolution | Our expenses |
| Non-compliance cure costs and fee | Our out-of-pocket costs and internal cost allocation, plus 10% |
| Indemnity | Our costs and losses from any legal action related to the operation of your franchise |
| Prevailing party’s legal costs | Our attorney fees, court costs, and other expenses of a legal proceeding, if we are the prevailing party |
| Replacement / Additional Training fee | Currently, $400 per person, per day |
| Third party vendors | Pass-through of costs, plus reasonable administrative charge. Currently, none. |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 28 hours classroom, 28 hours on-the-job |
| Classroom Training | 28 |
| On-the-Job Training | 28 |
| Training Location | Brooklyn, NY or Katy, TX |
| Additional Training | If you send a manager or other employee to our training program after you open, we will charge our then-current training fee, currently $400 per person, per day. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Non-exclusive |
| Exclusive Territory | No |
| Territory Size | approximately a 1-3 mile radius |
| Description | Your territory will generally have a geographic area of approximately a 1-3 mile radius, excluding any and all Non-Traditional Locations. Your territory will usually be specified as a radius around your location for a brick and mortar/kiosk location; however, we may use other boundaries (such as counties or other political boundaries, streets, geographical features, or trade area). |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years from date of franchise agreement |
| Renewal Term | up to four additional 5-year terms |
| Renewal Fee | $10,000 |
| Renewal Conditions | Franchisee must notify us of election to renew between 90 and 180 days prior to term end, be in compliance with all agreements, make required renovations to then-current standards, sign then-current franchise agreement and related documents (including personal guaranty), sign a general release, and pay the then-current renewal fee. |
| Transfer Fee | $15,000 plus any broker fees and other out-of-pocket costs |
| Transfer Conditions | Pay transfer fee, buyer meets our standards, buyer is not a competitor, buyer and owners sign current franchise agreement and related documents (including personal guaranty), all monetary obligations paid, no default, buyer completes training program, franchisee signs general release, business complies with current system specifications (including remodel, if applicable). |
| Termination for Cause | We may terminate your agreement for cause, subject to any applicable notice and cure opportunity. Causes include non-payment (10-day cure), other breaches (30-day cure), or immediate termination for misrepresentation, false reports, bankruptcy, failure to open, loss of location, material violation of laws/confidentiality/non-compete/transfer, abandonment, slander, refusal to cooperate with audits/inspections, significant danger to health/safety, multiple defaults, cross-termination, or felony accusation. |
| Non-Compete Period | During term and 2 years post-term |
| Non-Compete Details | During the term, neither franchisee, any owner, nor spouse of an owner may have ownership interest in, or be engaged or employed by, any competitor. For two years after termination/expiration/transfer, no restricted party may be involved with a competing business within a twenty (20) mile radius of the designated territory or any other existing/developing restaurant location. Also prohibited from soliciting customers, suppliers, or employees of the franchisor or other franchisees during this post-term period. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | You are not required to conduct day-to-day operations (act as general manager) but must remain active in overseeing the Franchised Business. You may operate as an absentee owner, but must designate a Designated Manager who completes initial training, any future post-opening training, executes a confidentiality and non-competition agreement, and makes reasonable efforts to attend required meetings. |
| Required Suppliers | We are currently the only approved supplier for certain goods or services that you must purchase, including certain creams, powders, yogurts, uniforms, materials, proprietary crepe batter, sauces, other ingredients, food items, branded paper products, and branded merchandise items. |
| Supply Restrictions | We have the right to require you to purchase or lease all goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, real estate, or comparable items related to establishing or operating your business either from us or our designee, or from suppliers approved by us, or according to our specifications. |
| Franchisor Revenue from Suppliers | None in 2021 |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligations. |
Eight Turn Crepe Franchise Earnings — Item 19
Eight Turn Crepe does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Eight Turn Crepe Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Eight Turn Crepe System Growth
Eight Turn Crepe currently operates 2 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 1 | 0 | 2 |
| 2020 | 0 | 0 | 2 |
| 2021 | 1 | 0 | 3 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Audited by REESE CPA LLC for year ending December 31.
Eight Turn Crepe Franchise — FAQ
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