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.
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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.
