Narwhal’s Crafted vs Cheba Hut
Franchise Comparison 2026
Both Narwhal’s Crafted and Cheba Hut are full-service restaurants franchises. Narwhal’s Crafted requires an investment of $884K – $1.9M while Cheba Hut requires $631K – $2.1M. In terms of revenue, Cheba Hut reports higher average unit revenue at $2.3M. Cheba Hut has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates Narwhal’s Crafted D (Below average) and Cheba Hut A (Strongest tier).
| Metric | Narwhal’s Crafted | Cheba Hut |
|---|---|---|
| Verdict Grade | DBelow averageBelow average | AStrongest tierStrongest tier |
| Investment Range | $884K – $1.9M | $631K – $2.1M |
| Franchise Fee | $35K | $50K |
| Royalty Rate | 8.0% | 5.0% |
| Average Revenue (Item 19) | $2.0MCompany-owned only · n=2 | $2.3M |
| SBA Charge-Off Rate | Limited data | 0.0% (23 loans) |
| Total Units | 3 | 83 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2021 | 2002 |
| FDD Year | 2025 | 2026 |
Investment Range
$884K – $1.9M
$631K – $2.1M
Franchise Fee
$35K
$50K
Royalty Rate
8.0%
5.0%
Average Revenue (Item 19)
$2.0MCompany-owned only · n=2
$2.3M
SBA Charge-Off Rate
Limited data
0.0% (23 loans)
Total Units
3
83
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2021
2002
FDD Year
2025
2026