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Updated RecentlyCRAVE vs la prep Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of CRAVE vs la prep including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $157,900 - $453,500 | $300,000 - $425,000 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | - |
| Year Founded | 2018 | 2010 |
| Year Franchised | 2018 | 2010 |
| Term Of Agreement | - | 10 years+5 |
| Term Of Agreement | - | 10 years+5 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | $100,000 Liquid Capital | No related experience is necessary, just your desire to learn. We provide all the training and assistance you will need to operate your franchise. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | Ongoing Training Programs | 3-week training program provides hands-on experience covering all phases of operating your la prep franchise. You will receive Operations Manuals that cover everything from employee hiring and training to product preparation, management, advertising and business systems. The training continues with special on-site support by one of our training managers for 1 week for your restaurant opening. |
| Support | Real Estate Assistance Marketing Assistance Operational Support Systems in Place | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | Yes |
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 la prep
la prep is a privately-owned Canadian restaurant franchising system. Our dedicated franchisees are hands-on owner/operators that are both personally and financially committed to their business, resulting in a maximized level of customer service. As we continue our expansion of the brand we are always searching for qualified individuals to join our franchise community.