What is the estimated range for business licenses and permits, not including beer/wine licenses, for a Crave franchise?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
19-1">
| (1) Type of Expenditure | (2) Amount | (3) Method of Payment | (4) When Due | (5) To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Franchise Fee (1) | $45,000 | Lump Sum | When Franchise Agreement Signed | Us |
| 1 Month (2) | $5,000 to $15,000 | As arranged | As arranged | Landlord |
| Rent – | ||||
| Lease & Utility (3) Security Deposit | $4,000 to $15,000 | As arranged | As arranged | Landlord, Utility Companies |
| Design & Architect (4) Fees | $1,000 to $35,000 | As arranged | As arranged | Designer or Architect |
| Leasehold | $100,000 to $700,000 | As arranged | As arranged | Contractor |
| Improvements (5) | ||||
| dependent on site conditions | ||||
| Sig |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–26)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the estimated cost for business licenses and permits, excluding beer and wine licenses, varies depending on the type of Crave franchise. For a Restaurant franchise, the estimated range is $500 to $4,000. For a Food Truck franchise, the estimated range is lower, from $200 to $1,000. These fees are paid to government agencies and are typically arranged as needed.
It is important to note that these figures do not include costs for occupancy and construction permits, which are included in the leasehold improvements estimate. The FDD emphasizes that the cost of permits and licenses can vary significantly based on whether the franchise is a Restaurant, Food Truck, or Express Restaurant, as well as the specific location of the franchised business.
Crave strongly advises potential franchisees to independently verify the costs for all required licenses and permits in their specific jurisdiction before signing the Franchise Agreement. This is due to the potential for substantial variations in costs depending on local regulations and requirements. This verification will help franchisees accurately budget for their initial investment and avoid unexpected expenses.