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Krave It Franchise Cost and Requirements for 2025

Background

As a franchisee, you're more than a statistic; you'll receive personalized support from our CEO, ensuring your success is paramount. With low overheads and optimized profitability, KraveIT offers a lucrative opportunity in the restaurant industry.

KraveIT provides unparalleled one-on-one support, prime territories, and flexible terms to accommodate your investment decisions. With a focus on minimizing costs and maximizing potential, KraveIT is the premier choice for those ready to embark on a rewarding entrepreneurial journey.

Company Details

Established: 2015

Franchising as of: 2024

First Unit Franchised: 2024

Franchised Units: 1

Company Owned Units: 3

Support and Training Offered By Krave It

Financial Assistance Provided: Yes
Specify: SBA Loan

Site Selection Assistance: Yes
Specify: We offer a network of brokers dedicated to aiding franchisees in locating suitable sites. Subsequently, the franchisor will evaluate these locations based on availability and suitability.

Lease Negotiation Assistance: Yes
Specify: The franchisor, working alongside the designated commercial broker, will assist with Letters of Intent (LOIs). These LOIs will push for favorable terms such as reduced rent, tenant improvement allowances, and rent-free periods to facilitate the build-out process.

Recruiting Assistance: Yes
Specify: The franchisor will provide recruitment resources and offer guidance on effective interviewing strategies to assist franchisees in their hiring processes.

Training: 34 hours of immersive classroom instruction and 103 hours of hands-on, on-the-job training, ensuring a total of 137 hours dedicated to honing your skills and expertise in restaurant operations.

Special Instructions/Notes: Training happens in New York at Main Corporate Location.

2025 Franchise Requirements Needed to Own a Krave It Franchise.

What does a Krave It Franchise Cost?

Krave It franchise fees for 2025:

Single Unit Franchise Fee: 39K

Total Investment: 201K - 402K

(Low Investment 2nd Gen / High Investment Full Build-Out)

Royalty: 6%

Other Fees:

  • 1% Advertising

Item 19: Yes

Is Krave It a Semi Absentee Franchise with a Passive Ownership Opportunity?

Yes. Krave It is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.

Is Krave It a Home Based franchise?

No. Krave It is not a home based franchise opportunity.

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What Do Krave It Franchise Owners Make?

Click here to find out how much Krave It franchisees make. Krave It offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Krave It a Master Franchise Opportunity?

No. Krave It is not a master franchise opportunity.

Does Krave It Offer a Veteran Discount?

Yes. Krave It franchise does offer a veteran discount.

Does Krave It Work with E2 Visa and EB-5 Visa Candidates?

Yes. Krave It franchise does work with E2 Visa and EB-5 Visa candidates.

Is Krave It Looking for Franchisees in Canada?

No. Krave It franchise is not looking for Canada franchisees.

Is Krave It Looking for International franchisees?

No. Krave It franchise is not looking for International franchisees.

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Additional Information

Additional Categories

Food & Restaurants

Number of Units Open

LESS THAN 20 UNITS

Cash Required

$50,000 - $100,000

Master Franchise

No

Passive Franchise

Yes

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

No

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

Yes

Krave It Franchises for Sale

Click Here to inquire about existing Krave It franchises for sale. We may have Krave It franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.