Does Crave or its affiliates receive any consideration for the purchase and/or financing of a Crave Food Truck?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
You must purchase or finance your Food Truck from our designated supplier, and it will come fully outfitted with all the equipment and signage we require and have approved for use with your Food Truck. If you choose to finance your Food Truck through our designated supplier, we will not review or approve the purchase contract. You are required to provide a down payment of 10% to 40% (determined by the designated supplier depending on your credit history) to the designated supplier before they begin the buildout of your Food Truck. We and our affiliates do not receive any consideration for the purchase and/or financing of your Food Truck.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 26–30)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, neither Crave nor its affiliates receive any consideration for the purchase and/or financing of a Crave Food Truck. However, franchisees are required to purchase or finance their Food Truck from Crave's designated supplier.
The designated supplier determines the down payment required, which ranges from 10% to 40% of the purchase price, based on the franchisee's credit history. While Crave does not review or approve the purchase contract if the franchisee chooses to finance through the designated supplier, this restriction ensures uniformity and quality control within the Crave franchise system.
This arrangement means that while Crave does not directly profit from the sale or financing of the food truck, franchisees must still adhere to the approved supplier, potentially limiting their options and ability to negotiate better terms. Prospective franchisees should carefully consider the financial implications of this requirement and evaluate the supplier's terms and conditions.