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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

Crave Hot Dogs & BBQ

Crave Hot Dogs & BBQ

Crave Hot Dogs & BBQ franchises quick-service restaurants, express outlets in Walmart locations, food trucks, and multi-unit developments offering hot dogs, cased meats, barbecue items, beverages, appetizers, and side dishes. Restaurants may serve beer and wine, with larger ones optionally adding axe throwing lanes, while food trucks do not offer alcohol. The business model relies on proprietary recipes, systems, trademarks, and operational standards to provide casual fast-casual dining, targeting customers in high-traffic areas like malls, strip centers, Walmarts, and public spaces.

22locations
$261K–$1069K
Since 2018
Food & BeverageCasper, WYRincione Investments LLCwww.iwantcrave.comDisclaimer

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Franchise Costs

Franchise Fee
$45,000
Initial Investment
$260,600 – $1,068,500
Royalty Rate
8.00%
Brand Fund
2.00%
Fixed Monthly Fees
$437 – $1,548

8% royalty + 2% brand development fund + $437-$1,548/mo fixed tech/software fees (POS, apps, CO2, menu board, mystery shopper)

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

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Crave Hot Dogs & BBQ Franchise Analysis

Crave Hot Dogs & BBQ bursts onto the scene with hot dogs, BBQ, Walmart express units, and even optional axe-throwing lanes, promising versatile fast-casual vibes in high-traffic spots. Yet FDD Item 20 uncovers a sharp system contraction, while Item 3 highlights franchisee lawsuits alleging misrepresentation and legal violations. Can ambitious expansion plans overcome these red flags, or is the real story one of stalling momentum?

Financially, Item 7 pegs total investment at $260,600-$1,068,500, covering buildouts from food trucks ($261K low end) to full restaurants with alcohol and entertainment (up to $1.07M). Upfront franchise fee hits $45,000, followed by 8% royalty, 2% brand/ad fund, and fixed monthly tech fees of $437-$1,548 for POS, apps, and mystery shoppers. Notably, no Item 19 disclosure means zero official earnings data— a major gap forcing reliance on indirect signals like 36 SBA loans averaging $518,247 with a low 5.6% default rate, suggesting financed units are mostly holding up despite scale.

System health metrics paint a mixed picture: just 22 locations after shrinking 17% from 24 (2023) to 20 (2024), with 1 termination and 4 transfers per Item 20. Franchising since 2018, it projects 75 new units, but litigation under Michigan law and FTC rules claims fraud, eroding trust. For investors, low defaults hint viability in quick-service niches, but absent revenues and contraction signal caution—multi-unit developers might weather it, while singles face higher risk without proven cash flow transparency.

Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Crave Hot Dogs & BBQ Compares

Key Insights

  • Lower than average SBA loan default rate in Fast Food
FranchiseInvestmentFeeRoyaltyLocations
Crave Hot Dogs & BBQ
Current
$261K – $1.1M$45K8.0%22
MCDONALD'S$1.5M – $2.6M$45KN/A12,772
LITTLE CAESARS$377K – $1.8M$20K6.0%3,788
AFC$45K – $151K$6K9.5%3,572
KFC (NON-TRADITIONAL)$1.2M – $4.2M$45KN/A3,404
SONIC DRIVE-IN$1.5M – $2.5M$15K5.0%3,120
Fast Food Average
132 franchises
$602K – $1.6M$35K6.1%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 132 Fast Food 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

Top States
1NC
6
2FL
4
3TX
3
4GA
2
5TN
1
6SC
1
7VA
1
8CO
1
9AZ
1
10WI
0
11IA
0
12IL
0
13LA
0
14MI
0
15OK
0

+2 more states

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SBA Loan History


Historical SBA 7(a) loan data for Crave Hot Dogs & BBQ franchisees (20192025)

Total Loans
36
Average Loan
$518,247
Total Volume
$18.7M
Default Rate
5.6%

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.

36 SBA loans on record

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Franchisee Contacts

57 franchisee contacts on file from official FDD filings.

57 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases1

Franchisee claims of fraudulent misrepresentation, violations of Michigan Franchise Investment Law, and FTC Franchise Rule.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
0
Ceased Ops
8
Transfers
4
Sold to Franchisees
0
Projected New
75

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Frequently Asked Questions

The total initial investment to open a Crave Hot Dogs & BBQ franchise ranges from $260,600 to $1,068,500. This includes a franchise fee of $45,000. Ongoing royalty fees are 8.0% of gross sales.