- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$161K - $793K
- Units as of 2022
17 325.0% over 3 years
Good eateries serve pleasant meals, but great restaurants always have something delicious for everyone. Crave Hot Dogs & BBQ may be a unique restaurant that offers more than excellent food at affordable prices. Crave Hot Dogs & BBQ strives to gift customers an experience they won’t forget each time they visit.
Founded in 2018 by Samantha and Salvatore Rincione, Crave Hot Dogs & BBQ may have been a quick hit since it listens to consumers' desires. From smoked brisket, pulled chicken, and pork, diners may get everything they crave. Besides the food, Crave Hot Dogs & BBQ also wishes to create a fun, family-friendly environment with games for the kids, self-serve liquor, and fire pit areas for adults.
Guests at Crave Hot Dogs & BBQ may love the restaurant for classic favorites that can be enjoyed by simple walk-ins, curbside pickups, and home deliveries.
Why You May Want To Start a Crave Hot Dogs & BBQ Franchise
If you love delicious food and seeing families happy, Crave Hot Dogs & BBQ might be an excellent franchise opportunity for you. With a business model that accommodates customers whether they visit the restaurant or order online, Crave Hot Dogs & BBQ could be well-positioned in the market. The diversification of the Crave Hot Dogs & BBQ portfolio also may attract a wide range of customers.
Typical franchisees don't need background experience in the quick-service restaurant industry, but a passion for learning is key. Franchisees should be individuals looking to be their own bosses and capable of going above and beyond to fulfill the dreams of all stakeholders. At Crave Hot Dogs & BBQ, customers, staff, and the community are important and valuable partners to the whole brand.
What Might Make a Crave Hot Dogs & BBQ Franchise a Good Choice?
Crave Hot Dogs & BBQ may be a unique franchising opportunity with the advantages of remote accessibility, a modern interior, and a diverse menu. Some unique features under the Crave Hot Dogs & BBQ brand include its door-to-door delivery, pre-visit orders, self-order kiosks, self-serve beer wall, and food trucks. True to its promise, the restaurant's offerings may cater to all, highlighting its potential as an emerging brand.
To be part of the Crave Hot Dogs & BBQ team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.
How To Open a Crave Hot Dogs & BBQ Franchise
Crave Hot Dogs & BBQ believes that franchising is all about "being in business for yourself, not by yourself." To guarantee that you don't feel alone, the brand dedicates itself to providing training, support, and assistance throughout the franchise process.
At Crave Hot Dogs & BBQ, the brand hopes you can fall in love with the food, concept, and technology to build a better future. Opening a Crave Hot Dogs & BBQ franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
About Crave Hot Dogs and BBQ
- Franchising Since
- 2018 (2023-2018 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees throughout the US.
This company is offering new franchisees in the following international regions: Asia, Australia/New Zealand, Canada
- # of Units
- 17 (as of 2022)
Information for Franchisees
Here's what you need to know if you're interested in opening a Crave Hot Dogs and BBQ franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $25,000 - $40,000
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $161,300 - $792,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
- $150,000 - $500,000
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
- $75,000 - $150,000
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Veteran Incentives
- $5,000 off franchise fee
Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Crave Hot Dogs and BBQ has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 18 hours
- Classroom Training
- 15 hours
- Ongoing Support
NewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Crave Hot Dogs and BBQ? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Crave Hot Dogs and BBQ landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Crave Hot Dogs and BBQ ranked on other franchise lists? Find out below.
Ranked #3 in Hot Dogs in 2022
Our annual list of the top restaurant and other food franchises, divided up by category, is the perfect place to start if you’re craving a food-based business opportunity.
Ranked #75 in 2023
Want to get in on the ground floor of the next big thing? You might just find it here on our list of the top companies that have been franchising for five years or less.
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