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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.

Since 2018Food & BeverageCasper, WYRincione Investments LLCwww.iwantcrave.com
No Item 19SBA Loan Data

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

Investment
$260,600 - $1,068,500
Franchise Fee
$45,000
Locations
22

Financial Requirements

Franchise Fee$45,000
Initial Investment Range$260,600 - $1,068,500
Royalty Rate8.00%
Brand Fund2.00%
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)

Franchise Stats

Franchise Locations22
Corporate Locations0
States Operating19
Franchising Since2018
FDD Year2025

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

How Crave Hot Dogs & BBQ Compares to Other Fast Food Franchises

Key Insights

  • Lower than average SBA loan default rate in Fast Food
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
Crave Hot Dogs & BBQ
Current
$261K - $1.1M$45K8.0%22
Burger King$2.1M - $4.7M$50K4.5%19,732
MCDONALD'S$1.5M - $2.6M$45KN/A12,772
AFC$45K - $151K$6K9.5%3,572
SONIC DRIVE-IN$1.7M - $3.1M$15K5.0%3,441
JIMMY JOHN'S$366K - $728K$35K6.0%2,647
Fast Food Average
127 franchises
$605K - $1.5M$35K6.1%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 127 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 by Outlet Count
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

SBA Loan History

Historical SBA 7(a) loan data for Crave Hot Dogs & BBQ franchisees (2019 - 2025)

Total Loans
36
Average Loan Amount
$518,247
Total Loan Volume
$18,656,900
Default Rate
5.6%

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)

Franchisee Litigation 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 in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
8
System Transfers
4
Sold to Franchisees
0
Projected New Franchises
75

Frequently Asked Questions

How much does it cost to open a Crave Hot Dogs & BBQ franchise?

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.

How many Crave Hot Dogs & BBQ franchise locations are there?

As of the 2025 FDD, Crave Hot Dogs & BBQ has 22 franchise locations. The company has been franchising since 2018.

Can you get an SBA loan for a Crave Hot Dogs & BBQ franchise?

Yes, SBA loans are available for Crave Hot Dogs & BBQ franchises. Historical data shows 36 SBA 7(a) loans have been approved for Crave Hot Dogs & BBQ franchisees, with an average loan amount of $518,247. The historical default rate is 5.6%.

Is Crave Hot Dogs & BBQ a good franchise to buy?

Crave Hot Dogs & BBQ shows several positive indicators: 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 Hot Dogs & BBQ?

Talk to a franchise advisor to get personalized guidance and learn if Crave Hot Dogs & BBQ is the right fit for you.

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