factual

What is the estimated range for grand opening marketing expenses for a Crave franchise?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

ESTIMATED INITIAL INVESTMENT – FOOD TRUCK**

(1) (2) (3) (4) (5)
Type of Expenditure Amount Method of Payment When Due To Whom Payment is to be Made
Initial Franchise Fee (1) $30,000 Lump Sum When Franchise Agreement Signed Us
Truck with (15) Equipment $225,000 to $285,000 As arranged As arranged Designated Supplier
Signage (6) $0 to $250 As arranged As arranged Suppliers
Point-of-Sale & Computer Equipment (8) $1,000 to $2,500 As arranged As arranged Suppliers
Business Licenses & $200 to $1,000 As arranged As arranged Government
Permits (9) Agencies
Insurance – 1 Month (11) $100 to $800 As arranged As arranged Insurance Companies
Initial Inventory $2,000 to $5,000 As arranged As arranged Suppliers
Food & Other Items
(12)
Training Expenses $500 to $1,500 As arranged As arranged Airline, Hotel,
(13) Restaurant, etc.

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 grand opening marketing is $5,000 for a Restaurant franchise and $2,500 for a Food Truck franchise. For a Restaurant, these funds are paid to Crave when the premises lease is signed. For a Food Truck, these funds are paid to Crave upon signing the Truck Lease.

Crave conducts the grand opening marketing campaign on behalf of the franchisee. The campaign occurs during the first 90 days of operation, although Crave reserves the right to choose a different time period for the campaign.

This is a mandatory expense for franchisees and is intended to promote the new Crave location. Franchisees should confirm with Crave what specific marketing activities are included in the grand opening campaign to understand the value they will receive for this investment. Understanding the planned marketing strategies can help franchisees anticipate the initial customer traffic and plan their staffing and inventory accordingly.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.