Question 1

How much does it cost to open a Crave franchise?

Accepted Answer

The total initial investment for a Crave franchise ranges from $238K to $1.1M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Crave franchise fee?

Accepted Answer

The initial franchise fee for Crave is $45K.

Question 3

What are the net worth requirements for a Crave franchise?

Accepted Answer

Net worth requirements for Crave are specified in the Franchise Disclosure Document.

Question 4

Does Crave require a personal guarantee?

Accepted Answer

Yes, Crave requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Crave franchise?

Accepted Answer

Equipment costs for a Crave franchise range from $70K to $160K. Initial inventory costs range from $8K to $16K.