| ||||
Updated RecentlyCRAVE vs UFood Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CRAVE vs UFood including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $157,900 - $453,500 | $415,500 - $598,500 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2018 | 0 |
| Year Franchised | 2018 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | $100,000 Liquid Capital | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Ongoing Training Programs | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Support | Real Estate Assistance Marketing Assistance Operational Support Systems in Place | Ongoing support |
| Marketing | - | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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!
About UFood
With a sleek inviting design and setting, that serves fresh and delicious food fast, UFood Grill is meeting the current and increasing demand from its customers. With all menu items that are fresh, baked and never fried, as well as under 700 calories, UFood Grill is leading the rapidly growing fast casual segment of franchising. UFood Grill offers a customizable menu with Better-For-U food that can meet all dietary needs/restrictions.
At UFood Grill, we are with you every step of the way:
· Site selection
· Submittal of LOI/Lease draft
· Store design
· Construction
· Training
· Grand Opening Support
· Ongoing operational support
· Ongoing marketing support