Start a Crave Hot Dogs and BBQ Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $266K - $1.2M

Units as of 2024: 27 125.0% 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.

Company Overview

About Crave Hot Dogs and BBQ

Industry	Food
Related Categories	Hot Dogs, Miscellaneous Quick-Service Restaurants, Barbecue , Ax Throwing
Founded	2018
Parent Company	Crave Hot Dogs and BBQ
Leadership	Samantha Rincione, Founder/CEO
Corporate Address	1623 Central Ave. Cheyenne, WY 82001
Social	Facebook, Twitter, LinkedIn, Instagram, YouTube, TikTok

Business Overview

Franchising Since	2018 (6 years)
# of employees at HQ	5
Where seeking	This company is offering new franchises throughout the US. This company is offering new franchises worldwide.
# of Units	27 (as of 2024)

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 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.	$30,000 - $45,000
Initial Investment 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.	$266,300 - $1,177,500
Net Worth Requirement 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.	$150,000 - $500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$75,000 - $150,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$5,000 off franchise fee
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.	7%-8%
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.	2%
Term of Agreement 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.	10 years
Is franchise term renewable?	Yes

Financing Options

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	Newsletter Meetings & Conventions Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
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.	Yes
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.	Yes
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.	Yes