The vendor opportunity at NYCrestcom
NYCrestcom is a 52-unit, fully franchised professional-services brand headquartered in Colorado, operating within the Crestcom International system. The 2023 FDD makes a financial performance representation, reporting an AUV of $243,622 against an unusually high 19.75% royalty over a 7-year initial term.
Who controls software purchasing
Item 2 names CEO Tammy R. Berberick, President and CFO Julie Draguns, Director of Operations Eduardo Pinzon, Director of Legal Affairs and General Counsel Usmaan Khan, and Director of New Product Development Amy Schirmer. The franchisor is currently the sole approved supplier of its own audio, video and other training materials β a signal of tight headquarters control even with all 52 units franchised.
Tech named in the FDD, and what is actually required
Item 11 of the FDD sets NYCrestcom's technology requirements; see the embedded filing below for the specific systems it names.
Procurement, renewals, and timing
Item 8 designates suppliers only: franchisees must buy Materials exclusively from Crestcom or its approved suppliers. The 7-year initial term matches the Item 17 renewal term, which requires 120 days' notice, a successor franchise fee, execution of a Successor Franchise Rider, and a New Materials surcharge.
The 2023 FDD was filed with state franchise regulators. Use the embedded PDF viewer below to review Items 2, 8, 17 and 19 directly. Talk to FranCloud for a ranked list of similar targets.