Crave Cookies

Crave Cookies

Information based on 2023 FDD

Food & Beverage · Other Food & Beverage

Investment min
$302K
Total: $302K–$707K
Avg gross revenue
$856K
Unit-level, 2023
Franchise fee
$30K
Per current disclosure
Royalty
6%
of gross revenue
Locations
8
Franchising since 2019

Description

What is Crave Cookies?

Crave Cookies represents a delectable opportunity in the booming gourmet cookie market, offering entrepreneurs a chance to satisfy America's growing appetite for premium dessert experiences. Founded in 2019, this emerging brand has quickly captured hearts and taste buds with its innovative approach to the classic cookie.

What sets Crave Cookies apart is their commitment to creating an irresistible product that combines nostalgic comfort with modern sophistication. Each location specializes in serving fresh-baked, oversized cookies made from premium ingredients, often featuring creative flavor combinations that keep customers coming back for more. The brand has mastered the art of creating that perfect cookie texture – crispy on the outside while maintaining a soft, gooey center that customers literally crave.

As a franchise owner, you'll benefit from a proven business model that capitalizes on multiple revenue streams, including in-store sales, delivery services, catering, and special events. The brand's contemporary store design and strong social media presence help create an engaging customer experience that resonates with today's consumers.

Crave Cookies provides comprehensive training and ongoing support to franchise partners, ensuring you have the tools needed to successfully operate your business. Their streamlined operations and efficient kitchen processes have been refined to maximize productivity while maintaining consistent product quality. The brand's rapid growth since its founding demonstrates both the strength of its concept and the significant market demand for premium dessert options in the quick-service space.
  • Investment requirements 43-53% above sub-sector averages indicating premium market positioning
  • Gross revenue performance 228% higher than Other Food & Beverage sub-sector average
  • Early-stage franchise system offering ground-floor growth opportunity since 2019
  • Specialized cookie retail market focus with consistent consumer demand patterns
  • Premium investment tier creating potential competitive barriers and territory protection
  • Limited 9-unit system allowing for close franchisor support and operational refinement

Location Analysis

Where Crave Cookies wins

Crave Cookies, with a limited but growing presence, represents an emerging player in the specialty dessert market. Despite limited geographic data availability, the brand's concentrated presence suggests a strategic approach to market development, likely focusing on establishing strong regional footholds before broader expansion. The brand's current footprint presents significant opportunities for early-stage franchisees to secure prime territories.

Ideal locations for Crave Cookies typically include high-traffic urban and suburban areas with strong millennial and Gen Z demographics, as these populations tend to drive specialty dessert consumption. Successful sites often feature proximity to universities, entertainment districts, or upscale residential areas with higher disposable income. The brand's current market presence suggests substantial untapped markets across major metropolitan areas.

Location selection should prioritize areas with: 1) median household incomes above $65,000, 2) population density of at least 2,500 per square mile, 3) significant foot traffic or easy vehicle accessibility, and 4) complementary retail mix avoiding direct competition with other specialty dessert concepts. Strip malls, lifestyle centers, and downtown retail districts typically perform well for this concept.

While the brand's youth and developing market presence may present initial marketing challenges, it also offers franchisees the opportunity to establish strong market positions in untapped territories with significant growth potential.
Total US locations
9
Franchise units
8
Corporate locations
1
Avg. sq. footage
N/A
Territory check

Is your territory available?

We'll take you through a few quick questions, then Crave Cookies confirms availability directly.

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Financial Analysis

The numbers behind Crave Cookies

Avg gross revenue$855,964
Investment range$301,845 – $706,800
Investment midpoint$504,323
Brand fund2%
Royalty6%
Franchise fee$29,500
Min. net worth
Min. liquid capital
Crave Cookies requires a substantial investment of $301,845 to $706,800, positioning it significantly above the Other Food & Beverage sub-sector average of $210,893-$461,179. The minimum investment is 43% higher while the maximum investment is 53% higher than sub-sector averages, reflecting premium positioning in the cookie retail segment.

The cookie and dessert segment benefits from consistent consumer demand and impulse purchasing behavior, though faces increasing competition from established bakery chains and emerging brands. The higher investment requirements suggest premium market positioning, making location selection and target demographics critical for success.

With only 9 units since 2019, Crave Cookies represents an early-stage franchise system with limited operational history compared to the 112 franchises in the sub-sector. This nascent scale presents both opportunity for ground-floor participation and risks associated with unproven system infrastructure. The reported gross revenue of $855,964 is notably 228% higher than the sub-sector average of $260,970, though this figure requires careful evaluation given the limited unit base and may represent aggregate rather than per-unit performance.

Ideal investors should possess substantial liquid capital and retail/food service experience, given the premium investment requirements and operational complexity. The higher barriers to entry may limit the franchisee pool but could provide competitive advantages in market development.
Did you know? Did you know that launching your own Crave Cookies franchise - where you'll be serving up warm, gourmet cookies that keep customers coming back for more - requires a total investment between $301,845 and $706,800, which covers everything from the $29,500 franchise fee to equipment, buildout, and working capital needed to open your sweet success story?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$302K–$707K
Most common
$301,845
Minimum
$504,323
Midpoint
$706,800
Maximum

Per FDD Item 7, total initial investment ranges from $301,845 to $706,800. The midpoint $504,323 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$1M$800K$600K$400K$200KN/A
$891K
$856K
2021
2022
2023
Avg
$582K
YOY change (2022 -> 2023)
-4%

According to Item 19 of the Franchise Disclosure Document, Crave Cookies has an average gross revenue of $856K. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+800% YoY
1086420
2020
2021
2022
2023
9 units open as of 2023 FDD+8 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Crave Cookies's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Crave Cookies franchise typically ranges between $301,845.00 and $706,800.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Crave Cookies
Crave Cookies
$856K avg revenue · 8+ US franchises

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