Crave Hot Dogs and BBQ
Food & Beverage · Quick-Service Restaurants
- Active units
- 22
- Royalty
- 8.0%
Franchised, year-end 2024
of weekly Net Sales
About Crave Hot Dogs and BBQ
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$45k
- Second/Third Restaurant discount
Initial franchise fee reduced to $40,000 for 2nd or 3rd Restaurant
- Fourth or later Restaurant discount
Initial franchise fee reduced to $35,000 for 4th+ Restaurant
- Brand fund
2.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
1,800 – 3,500 sq ft
- Multi-Unit Development Agreement (3 Restaurants example)
$85k
- Multi-Unit Development Agreement (3 Food Trucks example)
$60k
- Veteran discount
5000.0% off franchise fee — $5,000 discount for veterans and active-duty for the first unit
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing).
Growth
- Total locations22
Franchised units open at year-end
- New openings7
Gross new units opened during the calendar year
- 1-year unit growth rate-8.3%
Net unit growth versus prior year
- 3-year unit CAGR13.8%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio7.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$665k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open6 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.