Graze Craze Franchise Cost, Revenue & Review 2026
- Investment
- $167K – $326K
- Disclosed sales
- not disclosed
- SBA charge-off
- 0.0%
- on 10 loans
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]. This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. 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 →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored5 of 5 headline figures on this page cite a page of the filing.
Overview
- Investment
- $167K – $326K
- 6th pct Service Resta…
- Avg gross sales
- N/A
- Royalty
- 6.0%
- 25th 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 median · 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.
- RETURNSThis franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
- 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).
- GROWTHNegative, pipeline stalled: 146 agreements signed but not yet open against 90 open outlets (Item 20).
- 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
- FDD Item 1, page 10 of the 2025 FDD
- Ultimate parent
- United Franchise Group
- FDD Item 1, page 11 of the 2025 FDD
- 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).
Same owner · FDD Item 1, page 11
9 other brands on this site name United Franchise Group as parent or ultimate parent in their own FDD.
- Black Optix TintB
- Cannoli Kitchen PizzaD
- Exit FactorB
- Intelligent AssistantC
- Network Lead ExchangeD
- Office EvolutionB
- SignaramaC
- The Great Greek Mediterranean GrillB
- Transworld Business AdvisorsA
Grouped by the owner's name as each filing prints it (this page: the 2025 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
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 64% 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%
- 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 makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Graze Craze unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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
No financial performance representation
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that.
Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
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 median).
Disclosure
This franchisor makes no financial performance representation in Item 19 of its FDD. Item 19 is voluntary under the FTC Franchise Rule, and this filing states that it makes none, so no revenue or earnings figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
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 medians
How Graze Craze Compares
Category median of published Full-Service Restaurants brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
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
- 13
- Terminated
- 12
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 14.4%
- 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
Last fiscal year · Item 20 exits and transfers
- Terminated
- 12
- Not renewed
- 0
- Transferred
- 14
- Reacquired
- 1
- Franchisor bought back
- Signed, not yet open
- 146
- 1.62 per open outlet · Item 20 Table 5
- Projected new
- 34
- Franchisor's next-year forecast
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.
Where the owners are · Item 20 owner list
155 current owners across 39 states; 45 former (terminated, transferred or not renewed) listed separately.
- FL 22
- TX 20
- CA 10
- GA 10
- NJ 7
- PA 6
- VA 6
- MI 5
- NC 5
- TN 5
- WA 5
- AZ 4
- +27 more states
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
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%
- on 10 loans · 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.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Graze Craze from SBA 7(a) FOIA data.
- Principal loss rate
- 0.0%
- Avg SBA guarantee
- 68%
- Avg interest rate
- 9.78%
- Lender concentration
- 40.0%
- Job velocity
- 5.6 per $100K
- NAICS benchmark
- 0.0%
- NAICS 722320
- Jobs supported
- 82
Top SBA lendersTop lender holds 40% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | The Huntington National Bank | 4 | $554K | N/A |
| 2 | Newtek Small Business Finance, Inc. | 2 | $243K | 0.0% |
| 3 | Newtek Bank, National Association | 1 | $90K | N/A |
| 4 | Pathward National Association | 1 | $252K | N/A |
| 5 | TD Bank, National Association | 1 | $100K | N/A |
| 6 | Independent Bank | 1 | $235K | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| MIMichigan | 3 | 0 | -- |
| FLFlorida | 2 | 0 | -- |
| AKAlaska | 1 | 0 | -- |
| CACalifornia | 1 | 0 | -- |
| DEDelaware | 1 | 0 | -- |
| MAMassachusetts | 1 | 0 | 0.0% |
| WYWyoming | 1 | 0 | 0.0% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
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
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
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)
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.
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
- 03MINORRapid 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
- 04MINORAdministrative/civil actions specifically mention 'material deficiencies in disclosure documents' and 'unauthorized information sharing'—raises questions about what information is being withheld from prospective franchisees
- 05HIGHManagement 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 territory |
| 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
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 makes no financial performance representation in Item 19 of its FDD - a voluntary item under the FTC Franchise Rule - so no unit revenue figures are disclosed. Declining to publish one is lawful and is not evidence of how the outlets perform. It does mean that less about this brand can be verified from its filing, and the FranchiseVerdict grade - an editorial assessment, not investment advice - reflects that. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Graze Craze?
Graze Craze is franchised by Graze Craze Franchising, LLC. Its parent company is UFG Holdings Group, LLC. The ultimate parent named in the FDD is United Franchise Group. Source: FDD Item 1, 2025 filing.
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). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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
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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.