What is the basis for the low-end estimate for the 'Other Expenditures for First Franchised Business' for a Crave franchise?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Other Expenditures for First Franchised Business. These are the estimates to establish your first Franchised Business. Because you may commit to any combination of Restaurants, Food Trucks, and Express Restaurants under a Multi-Unit Development Agreement, the low end of this estimate represents the costs associated with establishing an Express Restaurant as your first unit. The high end of this estimate represents the costs associated with establishing a Restaurant for your first unit. Costs associated with establishing additional Franchised Businesses are subject to factors that we cannot estimate or control, such as inflation, increased labor costs or increased materials costs.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–26)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the low-end estimate for 'Other Expenditures for First Franchised Business' is based on the costs associated with establishing an Express Restaurant as the first unit. The total range for these other expenditures is $215,600 to $1,023,500.
This means that if a franchisee chooses to open an Express Restaurant as their first Crave location, they can expect to spend closer to the $215,600 end of the spectrum for these expenditures. These costs are related to establishing the first franchised business only.
It is important to note that costs associated with establishing additional Franchised Businesses are subject to factors that Crave cannot estimate or control, such as inflation, increased labor costs or increased materials costs. Therefore, the initial investment for subsequent locations may vary.