What is the total estimated initial investment range for a Crave franchise?
Crave Franchise · 2025 FDDAnswer from 2025 FDD Document
PER – DEVELOPMENT OF THREE FRANCHISED BUSINESSES**
| (1) Type of Expenditure | (2) Amount | (3) Method of Payment | (4) When Due | (5) To Whom Payment is to be Made |
|---|---|---|---|---|
| Development Fee (1) | $60,000 to $85,000 | Lump Sum | On signing Multi-Unit Development Agreement | Us |
| Other Expenditures for First Franchised (2) Business | $215,600 to $1,023,500 | See First Table | See First Table | See Firs |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–26)
What This Means (2025 FDD)
According to Crave's 2025 Franchise Disclosure Document, the total estimated initial investment for a multi-unit developer planning to develop three franchised businesses ranges from $275,600 to $1,108,500. This broad range accounts for the different franchise models a developer might choose, as the low end represents the costs associated with establishing three Express Restaurants, while the high end reflects the investment for three full-service Restaurants.
This initial investment includes a development fee ranging from $60,000 to $85,000, which is paid in a lump sum upon signing the Multi-Unit Development Agreement. The remaining balance, labeled as 'Other Expenditures for First Franchised Business,' ranges significantly from $215,600 to $1,023,500. This portion covers the costs to establish the first franchised business, with the lower end representing an Express Restaurant and the higher end a full Restaurant.
Prospective franchisees should note that these figures are estimates and can vary significantly based on factors such as location, the specific type of Crave franchise (Express Restaurant, Food Truck, or full Restaurant), and local market conditions. The FDD also mentions that costs for establishing additional franchised businesses beyond the first one are subject to factors that Crave cannot estimate or control, such as inflation and increased labor or material costs. Therefore, careful due diligence and a thorough understanding of local costs are essential before making a final investment decision.
It is also important to note that the initial investment for a single Crave restaurant will differ from the investment for a multi-unit developer. The initial investment for a single Crave restaurant can be found in the FDD.