A new group has announced the closing of a $7.3 million seed funding round to capitalize on the food delivery trend.
Crave Hospitality Group plans to use the funding to build pre-opening teams for four Crave Collective facilities opening in 2021 and 10 more in 2022. Locations include Salt Lake City and Provo, Utah; the Dallas-Fort Worth metroplex; Mesa and Chandler, Az.; and Denver, Col. Crave Hospitality Group opened its first Crave Collective in Boise in November.
Crave features four concepts from award-winning chef and restaurateur Michael Mina including Mac 'n Cue by International Smoke. Other concepts include Mérité Bakeshop by Lincoln Carson and Tony G's by Tony Gemignani. Nearly all of its restaurant partners will grow with Crave as it opens new locations.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
