factual

What is the initial franchise fee for a Crave franchise?

Crave Franchise · 2025 FDD

Answer 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 Restaurant or Express Restaurant is $45,000. This fee is paid in a lump sum when the Franchise Agreement is signed and is payable to Crave. For a Food Truck, the initial franchise fee is $30,000, also paid as a lump sum when signing the Franchise Agreement, and is paid to Crave.

It is important to note that these fees are generally non-refundable. The document also mentions a development fee ranging from $60,000 to $85,000, which is applicable when signing a Multi-Unit Development Agreement. This fee covers the development of multiple franchise locations, with the specific amount depending on the number and type of units (Express Restaurants, Restaurants, or Food Trucks) the franchisee commits to develop.

Prospective franchisees should carefully consider these initial fees as part of their overall investment. Understanding the different franchise models (Restaurant/Express Restaurant vs. Food Truck) and any multi-unit development plans is crucial for accurate financial planning. Crave does not finance any portion of the initial investment, so franchisees must have sufficient capital available.

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.