Five Guys Burgers & Fries vs CRAVE Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Five Guys Burgers & Fries vs CRAVE including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Five Guys Burgers & Fries Franchise
CRAVE Franchise
Investment $306,200 - $716,250$157,900 - $453,500
Franchise Fee $50,000 - $125,000$35,000
Royalty Fee 6%6%
Advertising Fee 2%2%
Year Founded 19862018
Year Franchised 20022018
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Five Guys Burgers & Fries Franchise
CRAVE Franchise
Experience
  • Industry experience
  • General business experience
  • $100,000 Liquid Capital

    Financing Options

     
    Five Guys Burgers & Fries Franchise
    CRAVE Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Five Guys Burgers & Fries Franchise
    CRAVE Franchise
    Training -Ongoing Training Programs
    Support Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesReal Estate Assistance Marketing Assistance Operational Support Systems in Place
    Marketing Regional advertising-
    Operations --

    Expansion Plans

     
    Five Guys Burgers & Fries Franchise
    CRAVE Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Five Guys Burgers & Fries

    At Five Guys, we don't like to talk about ourselves very much. We would rather focus on making burgers. So if you're interested in franchising, we hope it's because you love our burgers, love that we have a simple menu, and want to serve great burgers in a clean and friendly environment with very little fuss. If you feel that way, then there isn't much more to say! With the simple focus on quality, service and cleanliness, Five Guys has opened over 300 restaurants in less than five years. If you're interested in being a part of the Five Guys family, then fill out our form to reach our Franchise Department. We will get back to you with an application and will let you know what areas of the country are open for development. Markets Available for Development We are pleased to announce that we are currently sold out in the United States and in Canada. Our franchisees are feverishly working on completing development of their territories. This means that there are some areas without Five Guys locations, but those territories have been sold and franchisees will be opening there soon.

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    About CRAVE

    Crave began in 2018 and are unique and trendy fast casual BBQ and Hot Dog Joints, that offer BBQ sandwiches and sliders along with 100% All Beef Hot Dogs, Brats and Sausages grilled to perfection. You can top it anyway you like, with our array of toppings and of course add one of our delicious sides, such as baked fries or coleslaw. Crave also features a Self Serve Beer Wall! Customers can choose from the many beer options, as well as wine and cider. As much or little as you choose, it’s up to YOU!