factual

What is the initial franchise fee for the first Crave restaurant outlet?

Crave Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 2.3.1 For Restaurant outlets, the initial franchise fee shall be: Forty-Five Thousand Dollars ($45,000) for the first Restaurant, Forty Thousand Dollars ($40,000) for the second and third Restaurants, and Thirty Five Thousand Dollars ($35,000), for the fourth and each additional Restaurant.

  • 2.4 The initial franchise fee for the first Franchised Business has been paid in full in the Development Fee.

Source: Item 23 — RECEIPTS (FDD pages 63–253)

What This Means (2025 FDD)

According to Crave's 2025 Franchise Disclosure Document, the initial franchise fee for the first restaurant outlet is $45,000. For the second and third restaurants, the initial franchise fee is $40,000 each. For the fourth and each additional restaurant, the initial franchise fee is $35,000.

Notably, if a franchisee signs a Development Agreement with Crave, the initial franchise fee for the first restaurant is incorporated into the Development Fee. The Development Fee is equal to 100% of the initial franchise fee for the first restaurant, plus 50% of the initial franchise fee for each additional restaurant to be developed under the agreement. This Development Fee is payable upon the execution of the Development Agreement and is non-refundable.

For prospective Crave franchisees, this means that the initial investment will vary depending on whether they are opening a single restaurant or entering into a Development Agreement for multiple locations. Those opting for a Development Agreement will need to pay the Development Fee upfront, which includes the initial franchise fee for the first location. It is important to note that this fee is non-refundable, regardless of whether all planned locations are eventually opened.

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.