Crave Cookies
Crave Cookies franchises operate retail bakeries offering premium, fresh-baked cookies with a rotating menu of six distinct flavors from over 150 options, plus loaded sodas, served in-store with an emphasis on over-the-top hospitality and customer experience. The business model involves franchising these locations, including options for single-unit or multi-unit development agreements, competing in the dessert and cookie marketplace against independents and chains. They target customers seeking nostalgic, indulgent, and trendy dessert experiences year-round.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 2% ad fund + $250-400/mo software subscription
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 6 franchised outlets that met specific operational criteria, completing their first year of operation between 5 December 2024 and 5 May 2025.
* Average gross revenue was calculated using 1 lowest outlier ($518,996), 1 highest outlier ($1,285,698), and assuming the midpoint ($934,500) of the $615,000-$1,254,000 range for each of the 4 middle outlets. Median gross revenue was derived from these 6 values. Revenue top quartile is the value of the highest outlier. Revenue bottom quartile is the value of the lowest outlier.
Extracted Item 19 Section
How Crave Cookies Compares to Other Coffee & Bakery Franchises
Key Insights
- Lower than average SBA loan default rate in Coffee & Bakery
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Crave Cookies Current | $328K - $705K | $40K | 6.0% | 35 |
| PANERA BREAD BAKERY-CAFÉ | $633K - $4.9M | $35K | 5.0% | 1,112 |
| SCOOTER'S COFFEE | $955K - $1.5M | $40K | 6.0% | 825 |
| NOTHING BUNDT CAKES | $667K - $1.0M | $45K | 6.0% | 643 |
| GREAT AMERICAN COOKIES | $341K - $463K | $25K | 6.0% | 395 |
| 7 BREW | $894K - $2.2M | $35K | 4.5% | 297 |
Coffee & Bakery Average 37 franchises | $498K - $1.1M | $40K | 5.5% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 37 Coffee & Bakery franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+4 more states
SBA Loan History
Historical SBA 7(a) loan data for Crave Cookies franchisees (2022 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
Two arbitrations filed by franchisor affiliate against former franchisees (one resolved in favor of franchisor, one pending settlement).
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Crave Cookies franchise?
The total initial investment to open a Crave Cookies franchise ranges from $327,985 to $704,800. This includes a franchise fee of $39,500. Ongoing royalty fees are 6.0% of gross sales.
How much revenue does a Crave Cookies franchise make?
According to the 2025 FDD, the average gross revenue for a Crave Cookies franchise is $923,782.33. The median revenue is $934,500.
How many Crave Cookies franchise locations are there?
As of the 2025 FDD, Crave Cookies has 35 franchise locations. The company has been franchising since 2021.
Can you get an SBA loan for a Crave Cookies franchise?
Yes, SBA loans are available for Crave Cookies franchises. Historical data shows 13 SBA 7(a) loans have been approved for Crave Cookies franchisees, with an average loan amount of $346,131. The historical default rate is 7.7%.
Is Crave Cookies a good franchise to buy?
Crave Cookies shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Crave Cookies?
Talk to a franchise advisor to get personalized guidance and learn if Crave Cookies is the right fit for you.
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