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.
Franchise Costs
6% royalty + 2% ad fund + $250-400/mo software subscription
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
Key Insights
- Lower than average SBA loan default rate in Coffee & Bakery
| Franchise | Investment | 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
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
41 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
41 Contacts Available
Unlock all Crave Cookies franchisee contacts with verified contact information
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)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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