- Founded in 2018
- Franchising Since 2018
- 26 US Franchises
- $302K - $1M Investment Range
- N/A Average Gross Revenue
- 7% - 8% Royalty Fee
- $45K Franchise Fee
What sets Crave apart is their unique entertainment-meets-dining approach. Many locations feature self-pour beer walls with an extensive selection of craft beers, wines, and ciders, creating an interactive experience for customers. The restaurant's atmosphere is enhanced by entertainment options like axe throwing, game nights, karaoke, and various social activities, making it a perfect destination for families, friends, or casual dining.
Their menu showcases jumbo all-beef hot dogs with creative toppings, authentic BBQ featuring brisket, pulled pork, and ribs, along with crowd-pleasing sides like loaded tots, mac and cheese, and their famous cornbread. All items are prepared in their signature greaseless kitchen, using air-frying technology for healthier options without sacrificing flavor.
Crave's business model emphasizes community involvement and creating a welcoming atmosphere. Their locations typically feature spacious dining areas with multiple TVs for sports viewing, outdoor seating options, and family-friendly amenities. Special promotions like Kids Eat Free Wednesdays and regular events help build local customer loyalty.
The franchise has garnered praise for its exceptional customer service, clean environments, and consistent food quality. Their combination of traditional American favorites with modern dining trends has proven successful in various markets, making Crave Hot Dogs & BBQ a standout option in the fast-casual restaurant segment.
How much does it cost to start a franchise with Crave Hot Dogs & BBQ?
- Franchise Fee
- $45K
- Investment Range
- $302K - $1M
- Investment Midpoint
- $747K
- Minimum Cash Required
- $302K
- Royalty Fees
- 7% - 8%
- Brand Fund
- 2%
The barbecue restaurant segment benefits from Americans' sustained appetite for comfort food and experiential dining. Crave's diversified revenue streams through food service, beverage sales, entertainment, and catering create multiple income channels within a single location. The self-pour beer wall and ax throwing differentiate the concept in an increasingly competitive fast-casual market.
Established in 2018 with 26 units, Crave represents an emerging franchise system in early growth phases. While this indicates limited operational history, it also suggests potential for market expansion and territory availability. The relatively small unit count may present challenges in brand recognition and purchasing power compared to established competitors.
Ideal investors should possess restaurant industry experience and sufficient liquid capital to sustain operations during the initial ramp-up period. The entertainment component requires additional operational oversight and liability considerations. Multi-unit development opportunities may exist given the system's growth stage, though investors should carefully evaluate market demographics supporting the experiential dining concept. Prospective franchisees must review the complete FDD and conduct thorough due diligence before investment decisions.
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Financing Details
Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Crave Hot Dogs & BBQ. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.
Why Financing with Franzy Partners?
Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.
Finance Partners
Tenet Financial
Financing Partner
CRF USA
Financing Partner
First Bank of the Lake
Financing Partner
Live Oak Bank
Financing Partner
Pension Pros
Financing Partner
Preferred Funding Group
Financing Partner
Guidant Financial
Financing Partner
The franchise's geographic distribution reveals a strategic focus on Southeast expansion, with successful penetration into key markets like Texas, Virginia, and West Virginia. This regional concentration allows for efficient supply chain management and strong brand recognition within its primary territory. However, the limited presence in other regions presents significant expansion opportunities, particularly in the Northeast and Midwest markets where the hot dogs and BBQ concept could resonate with local tastes.
Ideal locations for new franchises should target mid-sized cities with strong lunch crowds, suburban areas with median household incomes above $60,000, and regions with established BBQ culture. The success in the Carolinas suggests that markets with a mix of traditional and contemporary dining preferences are particularly viable. Prospective franchisees should focus on areas with high foot traffic, strong residential density, and proximity to business districts or retail centers. The relatively young age of the franchise (established 2018) combined with its strong performance metrics indicates significant growth potential in untapped markets.
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Track Growth to Gauge Success!
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Executive Team
Get to know the leadership behind Crave Hot Dogs & BBQ. Learn about the experience and expertise of the executive team guiding Crave Hot Dogs & BBQ's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).
Litigation
Review any legal actions or pending litigation involving Crave Hot Dogs & BBQ. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).
Bankruptcy
Review Crave Hot Dogs & BBQ's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).
Franchisor Assistance
Learn about Crave Hot Dogs & BBQ's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).
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 2024. 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.
- Founded in 2018
- Franchising Since 2018
- 26 US Franchises
- $302K - $1M Investment Range
- N/A Average Gross Revenue
- 7% - 8% Royalty Fee
- $45K Franchise Fee
