FAILDEX失樂園
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Crave Hospitality Group

The business, the turning points, and the decisions behind them.

Event year2023
FundingUS$16.4M

01 / WHAT IT BUILT

What the company did

Crave Hospitality Group was a food delivery and ghost kitchen company founded in 2019 by tech entrepreneur Devin Wade, industry veteran Chef Scott Howard, and Boise restaurateur Barry Werner. It opened its first Crave Collective - a hybrid ghost kitchen food hall - in Boise, Idaho on November 17, 2020, housing 16 restaurant concepts under one roof. Its high-profile restaurant partners included four concepts from award-winning chef Michael Mina (including Mac 'n Cue by International Smoke, his collaboration with Ayesha Curry), Mérité Bakeshop by James Beard nominee Lincoln Carson, and Tony G's by 13-time World Pizza Champion Tony Gemignani. Crave reimagined delivery from the chef's perspective: proprietary technology, order bundling across restaurant partners, an on-site Crave Concierge, and its own fleet of dedicated 'mobile servers' - employee drivers paid approximately three times the minimum wage who made one delivery at a time. It raised $7.3 million in seed funding led by StageDotO Ventures. Crave Collective closed and is no longer operating.

02 / Crave Hospitality Group FAILURE REASONS

Failure factors supported by the current evidence

Co-founder Devin Wade told the Idaho Statesman the Meridian 16-kitchen ghost-kitchen/delivery operation lost its reason to exist after the post-COVID market shifted: restaurants themselves became ghost kitchens, dedicated commissary buildings no longer made sense, and 'ghost kitchens became not a thing anymore,' leaving Crave with technology/model but no operation.

Market Shift

Wade: after COVID disruption evolved, ghost kitchens 'became not a thing anymore' and restaurants themselves became ghost kitchens.

Business Model

A dedicated 16-kitchen Meridian building 'didn't make sense anymore' once existing restaurants had spare capacity.

03 / EVENT HISTORY

Events in the structured record

  1. Product or service closed

    Nation's Restaurant News (29 Nov 2023), citing Michael Mina representatives: Crave Hospitality Group began shutting down in early fall 2022 and got out of food-service operations, closing the Boise/Meridian cloud kitchen.

  2. Operations ended

    Idaho Statesman (15 Nov 2023): co-founder Devin Wade said after a transitional period that summer, Crave Delivery 'no longer exists' — 'It's closed. There's no employees, no nothing.' Parent licensed name/model/tech to unaffiliated Crave Kitchens. NRN: 'the company is defunct.'

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN

How the factors connect

  1. 01

    Founded in 2019 in Boise; the first Crave Collective opened on November 17, 2020 with 16 restaurant concepts and its own delivery fleet.

  2. 02

    Closed a $7.3 million seed round from StageDotO Ventures.

  3. 03

    Crave Collective closed and ceased operations in 2023.

  4. 04

    No audited loss figure was publicly disclosed.