Where can I find information about the initial franchise fees for a Crave franchise?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
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| (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 | ||||
| Signage (6) | $3,000 to $30,000 | As arranged | As arranged | Suppliers |
| Equipment, | $70,000 to $160,000 | As arranged | As arranged | Suppliers |
| Furniture and | ||||
| Fixtures (7) | ||||
| Point-of-Sale & Computer (8) Equipment | $1,500 to $5,500 | As arranged | As arranged | Suppliers |
| Business Licenses & Permits (Not Including Beer/Wine (9) License) | $ |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–26)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the initial franchise fee for a standard restaurant is $45,000, payable in a lump sum when the Franchise Agreement is signed. This information can be found in Item 7, which outlines the estimated initial investment for various Crave franchise models. Item 7 also indicates that the initial franchise fees are further discussed in Item 5.
For franchisees interested in a Multi-Unit Development Agreement, which involves developing multiple Crave locations, a development fee ranging from $60,000 to $85,000 is required upon signing the agreement. The specific amount depends on the number and type of units (Express Restaurants or full Restaurants) the franchisee commits to develop. The development fee increases by 50% of the initial franchise fee for each additional Food Truck or Restaurant beyond the initial commitment.
For a Crave Food Truck franchise, the initial franchise fee is $30,000, also payable as a lump sum when the Franchise Agreement is signed. This fee is separate from the cost of the truck itself, which ranges from $225,000 to $285,000. It's important to note that these fees are generally non-refundable, so prospective franchisees should carefully consider their decision before signing any agreements or making payments to Crave.