Wednesday
Jun022010
Crabby Bob's Seafood Grill Franchise
Seafood restaurant
Start-up Costs & Franchises Fees
What is the total cost to open a Crabby Bob's Seafood Grill Franchises?
Total Cost: $1,500,000 USD -$3,500,000 USD
Total Franchise Fees: $50,000 USD
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: up to 2%
Term of Agreement: 15 years +10
Contact Information for Crabby Bob's Seafood Grill
|
Spectrum Restaurant Group |
Phone Number: (877) 457-8145 |
Historical Expansion
In what year did Crabby Bob's Seafood Grill begin operations? 1997
When did Crabby Bob's Seafood Grill begin selling franchises? 1998
Year United States Canada International Corporate 2008 0 0 0 2
Future Expansion
United States: Nationwide
Countries of Interest: Worldwide
Training & Support
Training
Irvine, CA 8-10 WeeksTBD 8-10 Weeks
Support
Central Purchasing
Field Operation Evaluation
Field Training
Initial Store Opening
Franchisee In the Pressletter
Regional or National Meetings: At Additional Cost
Franchise Operation Restrictions
Average Number of Employees: 8 Full-time, 25 Part-timePassive Ownership: Allowed
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes