About Krave It Franchise
Krave It is a restaurant franchise that began offering franchise opportunities in 2024, bringing its distinctive food concept to entrepreneurs looking to join a fresh and growing brand.
The concept delivers a craveable menu designed to stand out in the competitive quick service restaurant market with bold flavors and an engaging customer experience.
With a franchise fee of $39,000, Krave It provides a mid range investment for entrepreneurs entering the restaurant franchise space.
Krave It Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $39,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 2% of Gross Revenue-Once implemented upon a 30 day notice | National brand fund |
| Total Investment Range | $240,000 – $486,000 | Includes build-out, inventory, working capital |
The investment range of $240K–$486K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenue) and marketing fee (2% of Gross Revenue-Once implemented upon a 30 day notice) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee1 | $39,000 | $39,000 |
| Traveling and Living Expenses while Training2 | $3,000 | $6,000 |
| Real Property Rent Deposits and Pre-Paid Expenses3 | $9,000 | $30,000 |
| Furniture, Fixtures, and Décor4 | $7,500 | $15,000 |
| Construction of Leasehold Improvements 5 | $30,000 | $100,000 |
| TV, Cameras, and Point of Sales System6 | $7,000 | $10,000 |
| Kitchen Equipment7 | $60,000 | $120,000 |
| Initial Inventory8 | $10,000 | $15,000 |
| Signage9 | $3,500 | $10,000 |
| Grand Opening Advertising10 | $2,500 | $5,000 |
| Business Licenses and Permits11 | $1,000 | $3,000 |
| Insurance (3 Months)12 | $1,000 | $1,500 |
| Professional Fees13 | $2,500 | $3,500 |
| Additional Funds (3 months)14 | $25,000 | $50,000 |
| Total15 | $201,000 | $408,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $15,000 |
| Renewal Fee | $10,000 |
| Technology Fee | $400 |
| Audit Fee | Amounts beyond the underpayment are due if the audit or any other inspection rev |
| Interest | Lesser of 1.5% per month or the highest commercial contract interest rate allowe |
| National Franchise Convention Fee | $500 |
| Insufficient Funds | $75 |
| Retraining Fee | $250 |
| Additional Training or Assistance | $250 |
| Testing of Products or Approval of new Suppliers | $1,000 |
| E-mail Maintenance Fee | $50 |
| Management Fee | $250 |
| Traveling and Living Expenses while Training2 | $3,000 |
| Real Property Rent Deposits and Pre-Paid Expenses3 | $9,000 |
| Furniture, Fixtures, and Décor4 | $7,500 |
| Construction of Leasehold Improvements 5 | $30,000 |
| TV, Cameras, and Point of Sales System6 | $7,000 |
| Kitchen Equipment7 | $60,000 |
| Initial Inventory8 | $10,000 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 34 hours classroom, 103 hours on-the-job |
| Classroom Training | 34 hours |
| On-the-Job Training | 103 hours |
| Training Location | (Note 1) |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | You have the right to renew for additional ten (10) year terms by entering into a then current franchise agreement with us, which may contain materially different terms and conditions that your origin |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Krave It Franchise Earnings — Item 19
Krave It does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Krave It Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Krave It System Growth
Krave It currently operates 0 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | 0 | |
| 2021 | 0 | 0 | |
| 2022 | 0 | 0 | |
| 2022 | 0 | 0 | |
| 2023 | 0 | 0 | |
| 2023 | 0 | 0 |
Krave It Franchise — FAQ
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