CRAVE vs PINCHO Franchise Comparison

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

Start-Up Costs and Fees
 
CRAVE Franchise
PINCHO Franchise
Investment $157,900 - $453,500$463,055 - And Up
Franchise Fee $35,000$30,000
Royalty Fee 6%5%
Advertising Fee 2%2%
Year Founded 20182014
Year Franchised 20182014
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
CRAVE Franchise
PINCHO Franchise
Experience $100,000 Liquid Capital-

Financing Options
 
CRAVE Franchise
PINCHO Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
CRAVE Franchise
PINCHO Franchise
Training Ongoing Training Programs-
Support Real Estate Assistance Marketing Assistance Operational Support Systems in Place-
Marketing --
Operations --

Expansion Plans
 
CRAVE Franchise
PINCHO Franchise
US Expansion -Yes
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 PINCHO

"Pincho
Pincho is an elevated fast-casual Latin grill concept. We’re a concept that was born from a passion for food and is ready to grow to the next level. We’re a modern-day burger and kebab joint, and we haven’t seen any other new franchise opportunity out there doing things quite like us.
“There’s nobody else like us in the U.S.,” says CEO and Co-Founder Otto Othman. “I’m not sure there’s anybody else like us anywhere that is serving up these kinds of meals influenced by iconic Latin street food and Latin American dishes. You wrap all that up into a concept that has fantastic economics, and you have something truly unique.”

The total investment necessary to begin operation of a Pincho franchise under a franchise agreement is $463,055 - $655,500. This includes $30,000 that must be paid to the Franchisor or affiliate.
The total investment necessary to begin operation of a Pincho franchise for the first restaurant if you sign an Area Development Agreement, which requires a minimum development of 3 Pincho Restaurants, is $523,055 - $715,500. This includes $90,000 that must be paid to the Franchisor or affiliate. If you and the franchisor agree to the development of more than 3 Pincho Restaurants, then your initial total investment for the first restaurant will increase by the number of additional Restaurants to be opened under the Area Development Agreement, multiplied by $30,000.