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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.
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Franchise Costs
6% royalty + 2% ad fund + $300-$400/mo software subscription
Financial Performance
Item 19 Financial Performance
Data Based On: 42 franchised outlets that completed at least 12 months of operation, as summarized in Table 1 for Year 1 Gross Sales. Additionally, 35 monthly P&L observations from 13 unique franchised outlets are used for monthly EBITDA results, with monthly gross sales between $45,000 and $60,000.
* Average gross revenue and median gross revenue are annual figures derived from Table 1, representing Year 1 Gross Sales for 42 franchised outlets. Gross profit, net income, and net profit are not provided for the gross sales data, and the document explicitly states that Year 1 Gross Sales do not reflect these metrics (Page 4, Note 4). Average EBITDA and EBITDA margin percentage are monthly figures from Table 2, representing 35 monthly P&L observations from 13 unique franchised outlets, where monthly Gross Sales ranged from $45,000 to $60,000. The document explicitly states these monthly EBITDA results are not annualized (Page 8, Note 2). Best guess profit (EBITDA) low and high are calculated as monthly dollar amounts based on the average monthly Gross Sales ($51,228) for the EBITDA sample and the reported EBITDA range of -3.1% to 33.5% (Page 5, Table 2). The calculation is: Low = $51,228 * -0.031 = -$1,588.07; High = $51,228 * 0.335 = $17,161.38.
Extracted Item 19 Section
Avg. Revenue: $644,075
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Unlock financial performance dataHow Crave Cookies Compares
Key Insights
- Lower than average SBA loan default rate in Coffee & Bakery
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Crave Cookies Current | $328K – $735K | $40K | 6.0% | 54 |
| PANERA BREAD BAKERY-CAFÉ | $633K – $4.9M | $35K | 5.0% | 1,112 |
| Scooter's Coffee | $1.2M – $1.3M | $40K | 6.0% | 882 |
| SCOOTER'S COFFEE | $1.2M – $1.3M | $40K | 6.0% | 882 |
| NOTHING BUNDT CAKES | $475K – $1.2M | $45K | 6.0% | 771 |
| 7 BREW | $941K – $2.3M | $35K | 7.0% | 578 |
Coffee & Bakery Average 48 franchises | $473K – $1.0M | $39K | 5.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 48 Coffee & Bakery franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+5 more states
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Unlock location growth dataSBA 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.
13 SBA loans on record
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Unlock SBA loan historyFranchisee Contacts
3 franchisee contacts on file from official FDD filings.
3 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Includes disputes over territorial issues, violations of franchise agreements, and actions against former franchisees for breaches. Also includes a trademark dispute.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a Crave Cookies franchise ranges from $327,985 to $734,800. This includes a franchise fee of $39,500. Ongoing royalty fees are 6.0% of gross sales.
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