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Krave It Franchise Opportunity

Minimum Investment

$201,000

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Established

2015

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Franchise Units

3

payments

Minimum Investment

$201,000

payments

Franchise Fee

$39,900

payments

Total Investment Range

$402,000

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Home Based

No

Description

At Krave It Sandwich Shop & Eatery in Bayside, NY, we’re redefining gourmet comfort food with bold, innovative flavors that excite your taste buds. Specializing in artisan sandwiches, signature pizzas, and customizable creations, we blend familiar favorites with creative flair. Whether you're craving a loaded sandwich, a handcrafted specialty pizza, or a sweet dessert to finish it off, every dish is made with premium ingredients and a passion for quality.

Founded by culinary innovator Chef Rob, Krave It is powered by a team of flavor enthusiasts dedicated to originality and excellence. Our commitment to inventive, visually stunning, and delicious food makes us a standout in the fast-casual dining scene. We’re proud to be rooted in the Bayside community, giving back through local initiatives and providing a welcoming, energetic space for food lovers of all ages.

As we look to the future, Krave It is expanding its creative menu and exploring new locations—continuing to push the boundaries of what a sandwich and pizza shop can be.



Background

Established: 2015
Franchising Began: 2024
First Franchise Unit Awarded: 2024
Total Franchised Units: 3 (including 1 unit awarded through IFPG)
Company-Owned Units: 3


Support Training

Financial Assistance Provided: Yes
Specify: SBA Loan

Site Selection Assistance: Yes
Specify: We offer a network of brokers dedicated to aiding franchisees in locating suitable sites. Subsequently, the franchisor will evaluate these locations based on availability and suitability.

Lease Negotiation Assistance: Yes
Specify: The franchisor, working alongside the designated commercial broker, will assist with Letters of Intent (LOIs). These LOIs will push for favorable terms such as reduced rent, tenant improvement allowances, and rent-free periods to facilitate the build-out process.

Recruiting Assistance: Yes
Specify: The franchisor will provide recruitment resources and offer guidance on effective interviewing strategies to assist franchisees in their hiring processes.

Training: 34 hours of immersive classroom instruction and 103 hours of hands-on, on-the-job training, ensuring a total of 137 hours dedicated to honing your skills and expertise in restaurant operations.

Special Instructions/Notes: Training happens in New York at Main Corporate Location.


Ideal Candidate

Staffing:

  • Conducting interviews, hiring new employees, and managing payroll procedures.
  • Creating weekly employee schedules and ensuring timely execution.
  • Processing payroll bi-weekly using dedicated payroll software.

Inventory Control:

  • Conducting inventory checks twice a week to prevent stock shortages and avoid "86ing" items.

Operational Management:

  • Supervising employees to ensure efficient service and food quality.
  • Monitoring ticket times and addressing any issues promptly.
  • Utilizing the point of sale system to track sales and identify trends.
  • Providing support to stations experiencing high demand or difficulties ("in the weeds").

Semi-Absentee:

  • Manager will handle all of the above except payroll and monitoring the manager.

Ideal Candidate:

An ideal franchisee embodies a willingness to learn and take advice. Prior restaurant or management experience is a bonus.


Financial Detail

Single Unit Franchise Fee: $39,900
Total Investment: $201,000 – $402,000

(Varies based on location size and build-out requirements, with a lower investment for second-generation units and a higher investment for full build-out options)
Royalty Fee: 6%
Advertising Fee: 1%
Item 19 Disclosure: Yes




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