Cravingcave through time.
![Ashland 1](images\LOGOS NUEVOS-05.png)
CravingCave proudly inaugurates its inaugural establishment in Ashland, OR, a vibrant community with a population of just 28,000.
![Ashland 1](images\LOGOS NUEVOS-05.png)
Due to Covid, we only just received our liquor license now
![Ashland 1](images\LOGOS NUEVOS-05.png)
We celebrate our first year in operation
![Ashland 1](images\LOGOS NUEVOS-05.png)
We sign a lease for our second location in downtown Medford, OR (a population of 80,000 in the area)
![Ashland 1](images\LOGOS NUEVOS-05.png)
We start our second year as CravingCave
![Ashland 1](images\LOGOS NUEVOS-05.png)
Interviews - Channel 5, Channel 10, Mail Tribune and other local media promoting our new location opening
![Ashland 1](images\LOGOS NUEVOS-05.png)
Soft opening in our new location
![Ashland 1](images\LOGOS NUEVOS-05.png)
CravingCave in Medford, OR has its Grand Opening
![Ashland 1](images\LOGOS NUEVOS-05.png)
We start our franchise process to expand our brand and create the model for franchise owners
![Ashland 1](images\LOGOS NUEVOS-05.png)
Ownership opportunities became available for the first time in larger cities in Oregon, Nevada and and Idaho
Start Up Investment
This chart outlines some key areas of the initial and ongoing investment. We help CravingCave owners to open quickly.
Investment
Per our 2023 Franchise Disclosure Document | Initial Fees and Investment Terms | Notes on Investment |
---|---|---|
Startup Investment | $402,300 to $922,808 | For one bar & grill |
Initial Franchise Fee | $40,000 (included in above) 5% Discount for US Military Veterans | 2 restaurants: $75,000 3 restaurants: $105,000 |
On-going Royalty | 5% of Gross Sales | Paid Weekly |
Brand Development Fund | 3% of Gross Sales | Also invest 0.5% or $450/month in local advertising and marketing |
Grand Opening | $9,000 to $13,000 | Included in startup range to help launch the business |
As part of your pre-opening support, we provide on-boarding and training to prepare you to open:
Join us for 2 weeks in the Ashland, OR area. Here we cover daily operations, menu, recipes, POS, management tools (technology, 3rd party ordering and loyalty), advertising and local marketing.
Then, we provide onsite support in your CravingCave bar & grill as you get ready to open. Ongoing you have support with new menu development, coaching, and assistance to grow and serve your community