What is the range for the estimated total initial investment for a Crave Express Restaurant?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
ged | Attorney, | | (10) | | | | Accountant |
| (1) | (2) | (3) | (4) | (5) |
|---|---|---|---|---|
| Type of Expenditure | Amount | Method of Payment | When Due | To Whom Payment is to be Made |
| Insurance – 1 (11) Month | $1,000 to $3000 | As arranged | As arranged | Insurance Companies |
| Initial Inventory | $5000-$8000 | As arranged | As arranged | Suppliers |
| Food & Other | ||||
| (12) | ||||
| Items | ||||
| Training Expenses | $500 to $1,500 | As arranged | As arranged | Airline, Hotel, |
| (13) | Restaurant, etc. | |||
| Grand Opening | $5,000 | As arranged | When Premises | Us upon lease |
| Marketing (14) | Lease Signed | signing | ||
| Additional Funds – | $15,000 to $30,000 | As arranged | As arranged | You Determine |
| 3 Months (16) |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–26)
What This Means (2025 FDD)
Based on Crave's 2025 Franchise Disclosure Document, the estimated total initial investment for an Express Restaurant ranges from $237,500 to $573,500. This investment covers various expenses, including insurance for one month, initial inventory, training expenses, grand opening marketing, and additional funds for the first three months of operation. These figures represent the estimated costs to begin operations, but do not guarantee the total cost.
The initial investment includes a $5,000 charge that Crave uses to conduct a grand opening marketing campaign for the new Express Restaurant. This campaign occurs during the first 90 days of operation, or at a time that Crave may choose. The initial investment also includes additional funds between $15,000 and $30,000 to cover expenses such as payroll, utilities, rent, royalty fees, brand development, advertising fees, and other start-up costs for the first three months of operation.
Prospective franchisees should note that these are estimates, and actual costs may vary. The FDD indicates that none of the expenses listed are refundable, except for security deposits. Crave does not offer financing for any portion of the initial investment, so franchisees must secure their own funding. It is important to carefully review all the included expenses and consider potential variations based on location and specific circumstances before making a final investment decision.