Graze Craze Franchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Graze Craze is a franchise creating charcuterie and grazing boards and boxes for parties, gifts, and events. Franchisees run a compact production shop assembling boards to order for pickup and delivery.
FranchiseVerdict summary · 2026
A Graze Craze franchise requires a total initial investment of $167K – $326K, including a $50K franchise fee and an ongoing 6.0% royalty[2]. The 2025 FDD does not disclose unit-level revenue (no Item 19). SBA 7(a) loans show a 0.0% charge-off rate across 10 loans[1]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $167K – $326K
- 6th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 24th pct Service Resta…
- Units
- 90
- 30th pct Service Resta…
- SBA charge-off
- 0.0%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $167K – $326K including a $50K franchise fee, 6.0% ongoing royalty.
- RETURNSTotal Income for FY ended June 30, 2025 of $5,718,565 comprises Franchise Fees $2,847,961, Product $2,090,483, Advertising Fees $130,503, Royalties $642,138, and Other Income $7,480.
- RISKVerdict B (Above average), verdict score 50/100 (higher is better). SBA loan charge-off rate of 0.0% across 10 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- FLAG12 units terminated last reporting year (13.3% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- Graze Craze Franchising, LLC
- Parent company
- UFG Holdings Group, LLC
- Ultimate parent
- United Franchise Group
- CEO title
- Chief Executive Officer
- Ray Titus
- Incorporated in
- FL
- HQ
- 2121 Vista Parkway, West Palm Beach, Florida 33411
- Auditor
- Milbery & Kesselman, CPAs, LLC
- Audited financials
- Franchisor revenue
- $5.7M
- vs $5.9M prior year
Affiliated brands
- Franchise Real Estate
- Zor Franchise Services
Other brands the franchisor or its parent operates (Item 1).
Overview
About
- CEO
- Ray Titus
- Headquarters
- FL
- Founded
- 2021
- FDD year
- 2025
- States available
- 32
Can you afford it, and what does the money buy?
Entry cost runs 79% below the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $50K | $50K |
| Working capital (3–6 mo) | $22K | $44K |
| Equipment, build-out, other | $96K | $232K |
| Total initial investment | $167K | $326K |
Source: Graze Craze 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $167K – $326K
- Top 40% of category vs category
- Liquid capital req'd
- $22K – $44K
- Top 40% of category vs category
- Franchise fee
- $50K – $50K
- Top 40% of category vs category
- Royalty
- 6.0%
- percentage · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $150 |
| Training fee | $500 |
| Transfer fee | $30K |
| Renewal fee | $3K |
| Inventory (initial) | $6K – $11K |
| Total fee load | 8.0% of rev |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Graze Craze did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one Graze Craze unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
27%
Below the 30–60% attractive-franchise band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Total Income for FY ended June 30, 2025 of $5,718,565 comprises Franchise Fees $2,847,961, Product $2,090,483, Advertising Fees $130,503, Royalties $642,138, and Other Income $7,480.
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 8.0% (near the Full-Service Restaurants average).
Disclosure
Franchisor chose not to disclose financial performance representations. You will need to gather unit economics directly from existing franchisees.
Operator retention
System expanding at 128.2% CAGR over 3 years across 90 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Full-Service Restaurants averages
How Graze Craze Compares
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 90
- Opened
- 32
- Last reporting year
- Closed
- 0
- Terminated
- 12
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 2.2%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 99%
- vs corporate-owned
- Net growth (3-yr)
- +128.2%
- Net unit change over 3 years
- 3-yr CAGR
- +128.2%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 34
- Closed (3yr)
- 1
- Terminated (3yr)
- 1
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 2
- Reacquired (3yr)
- 2
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 41 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Fast growth in a small system. Newer franchisors expanding quickly may not yet have the support infrastructure of larger systems.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 10
- Loan volume
- $1.5M
- Median loan
- $122K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 6
- Defaults
- 0
- Typical loan rate
- 9.8%
- avg rate to borrowers
- Franchised industry avg
- 31.4%
- brand beats franchise avg ↓
- Jobs supported
- 82
- 5.6 per loan
- Lender concentration
- 40%
- top lender's share
Borrower mix: 90% went to startups / new businesses, 10% to established operators
Franchise vs independent — in caterers, franchised businesses charge off at 31.4% vs 20.2% for independents — franchising is associated with 55% higher SBA default risk in this category.
Top lenders financing Graze Craze franchisees
Showing 3 of 6 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Graze Craze's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 6 lenders with concentration factor
- Per-state charge-off rates across 7 states
- Startup risk premium and job creation velocity
- 4-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 10 loans, banks have historically viewed this brand favorably for lending.
What could kill this investment?
SBA loans charge off at 0.0% — 100% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Graze Craze presents HIGH RISK due to undisclosed financial performance, management litigation history across multiple brands involving franchise law violations, going concern status, and lack of Item 19 data needed to validate ROI claims.
Litigation (Item 3)
Two pending cases involving GCZ's VP of Operations Max Gonzalez related to prior employer Mac and Cheese Franchise Operations (Indiana admin proceeding and Florida civil lawsuit). Four restrictive orders: FTC/Signarama (1993/1998), Maryland/Signarama (1996), California/TGG (2021), California/TGG+GCZ+UFG (2022 trade show violations).
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Milbery & Kesselman, CPAs, LLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: Yes
Score breakdown · what drove the 50 / 100 verdict
- 01HIGHSignificant litigation history involving management across multiple brands (MACFO, Signaroma, Great Greek) with allegations of franchise law violations and disclosure failures—suggests systemic compliance issues
- 02MEDNo Item 19 financial performance data (avg revenue/net income not disclosed)—impossible to validate investment returns or unit profitability claims
- 03HIGHGoing Concern status is FALSE—indicates potential financial instability or undisclosed operational challenges at corporate level
- 04MINORRapid unit growth of 27.1% YoY with only 90 units is concerning without corresponding financial transparency—typical of unsustainable expansion before market saturation or unit failures
- 05MINORAdministrative/civil actions specifically mention 'material deficiencies in disclosure documents' and 'unauthorized information sharing'—raises questions about what information is being withheld from prospective franchisees
- 06HIGHManagement has prior litigation involvement across unrelated franchise concepts—pattern suggests potential recurring compliance or operational management issues
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 35 years |
|---|---|
| Renewal term | 35 years |
| Allowed renewalsℹ | 1 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | Florida |
| Jury trial waiver | No |
| Governing law | FL |
| Litigation count | 6 |
View Item 3 litigation summary
Two pending cases involving GCZ's VP of Operations Max Gonzalez related to prior employer Mac and Cheese Franchise Operations (Indiana admin proceeding and Florida civil lawsuit). Four restrictive orders: FTC/Signarama (1993/1998), Maryland/Signarama (1996), California/TGG (2021), California/TGG+GCZ+UFG (2022 trade show violations).
Items 10, 11
Training & Operations
- Classroom training
- 60 hrs
- On-the-job training
- 0 hrs
- Training location
- West Palm Beach, Florida (corporate headquarters)
- Ongoing training
- Optional
- Time to open
- 5 mo
- From signing to launch
- Franchisor financing
- Not offered
- Item 10
- POS system
- Toast
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast
Item 20 · call current owners
Franchisee Contacts
200 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Graze Craze · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Graze Craze franchise?
The total investment to open a Graze Craze franchise ranges from $167K – $326K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Graze Craze franchise owners earn?
Graze Craze does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the Graze Craze FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Graze Craze FDD and qualifies whose outlets they describe.
What is Graze Craze's franchise failure rate?
Based on SBA 7(a) loan data, Graze Craze has a charge-off rate of 0.0% across 10 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Graze Craze franchise locations are there?
As of their most recent FDD filing, Graze Craze has 90 total units in the United States, including 89 franchised units and 1 company-owned units. 32 new units were opened in the latest reporting year.
Is Graze Craze a good franchise to buy?
FranchiseVerdict rates Graze Craze as a B-grade franchise with a verdict score of 50 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Graze Craze, you can request corrections or provide updated information.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.