What is the estimated range for the cost of equipment, furniture, and fixtures for a Crave restaurant?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
ATED INITIAL INVESTMENT – EXPRESS RESTAURANT**
| (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 |
| Lease & Utility Security Deposit (3) | $5,000 | As arranged | As arranged | Crave WM Franchising LLC(Landlord) |
| Design & Architect | $5,000 to $35,000 | As arranged | As arranged | Designer or |
| Fees (4) | Architect | |||
| Leasehold | $50,000 to $250,000 | As arranged | As arranged | Contractor |
| Improvements (5)- | ||||
| dependent on site conditions | ||||
| Signage (6) | $3,000 to $30,000 | As arranged | As arranged | Suppliers |
| Equipment, | $100,000 to 150,000 | As arranged | As arranged | Suppliers |
| Furniture and | ||||
| Fixtures (7) | ||||
| Point-of-Sale & Computer Equipment (8) | $1,500 to $5,000 | As arranged | As arranged | Suppliers |
| Business Licenses & Permits (Not Including Beer/Wine (9) License) | $500 to $2500 | As arranged | As arranged | Government Agencies |
| Professional Fees | $1,000 to $3,500 | As arranged | As arra |
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 equipment, furniture, and fixtures for a Crave restaurant ranges from $100,000 to $150,000. This includes essential items such as freezers, refrigerators, prep tables, cooking ovens, a sound system, smallwares, chairs, counters, tables, barstools, artwork, décor items, and lighting. The estimate also accounts for the equipment and services needed for the installation of a self-serve beer tap wall, which is optional.
Prospective franchisees should note that these costs are estimates and can vary based on the chosen suppliers and specific needs of the restaurant location. It is important to factor in potential variations when planning the initial investment. The method of payment is arranged with the suppliers, and payment is due as arranged.
Understanding the specifics of what is included in these estimates is crucial for budgeting. Franchisees should confirm with Crave which suppliers are approved and whether there are any requirements to use specific vendors. Additionally, it's important to determine if the optional self-serve beer tap wall is a worthwhile investment for the location, considering local preferences and regulations.