4/10

Franchimp Summary Rating

4 /10
Investment Accessibility
Higher than 68% of peers

Franchise Summary

Description
The franchises described in this disclosure document are for the operation of a THE KRAVE KOBE BURGER GRILL Restaurant
Company Background
Since opening our first restaurant in 2004, Krave Kobe Burger Grill has been committed to providing the highest quality burgers and milkshakes. We are a family-owned business who takes great pride in what we do. Our restaurants are clean, friendly, and offer an experience that is unmatched by any other burger franchise.
Franchise Opportunity
You're probably familiar with the saying, "you can't have your cake and eat it too." This is especially true when it comes to owning a burger restaurant. It's no secret that starting and running a burger restaurant is incredibly challenging. Not only do you have to compete with the big chains, but you also have to worry about things like food costs, labor, and rent. The Krave Kobe Burger Grill is the solution. We've been in the burger business for over 25 years, so we know what it takes to be successful. With our help, you can focus on what you're good at - cooking burgers - while we take care of everything else.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Employee Contact Database

# Name Position Phone Number Email Address

The Krave Kobe Burger Grill Franchise System Development in 2017

FAQ

How much investment do I need to start my own The Krave Kobe Burger Grill business?
Franchisees typically require at least $494 to $694 investment to get their The Krave Kobe Burger Grill business started
What are the initial franchise fees for The Krave Kobe Burger Grill?
Franchisees typically need to pay at least $40 in fees directly to The Krave Kobe Burger Grill in order to earn the right to launch their business
How much money can I make with a The Krave Kobe Burger Grill franchise? What are the average revenues for a typical The Krave Kobe Burger Grill business?
We haven’t done the math on how much revenue a typical The Krave Kobe Burger Grill brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect The Krave Kobe Burger Grill to generate a similar amount
How long do I need to commit to running a The Krave Kobe Burger Grill unit? What is my contractual commitment?
The Krave Kobe Burger Grill franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $568,020 to $2,528,500 which is Much Higher than the $0 to $0 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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