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Below is an in-depth analysis and side-by-side comparison of Famous Sam's vs Crabby Joes including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $586,000 - $1,200,000 | $700,000 - $850,000 |
Franchise Fee | $30,000 | $35,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 2% |
Year Founded | 1979 | - |
Year Franchised | 1989 | - |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Field operations/evaluations | - |
Marketing | Co-op advertising | - |
Operations |
46% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | Yes |
International Expansion | No | - |
In Tucson, Arizona, in 1963, Sam Schantz opened a small neighborhood bar called 'Sam's Tavern.' Serving overstuffed pastrami and ham sandwiches, Sam's Tavern kept customers entertained with pool tables, pinball machines and television. In February 1987, Sam's Tavern incorporated as Famous Sam's Corp., and franchising began the next year. In 1997, Famous Sam's Inc. was incorporated as a wholly owned subsidiary, and company headquarters moved to Phoenix. Famous Sam's Restaurant/Sports Bars offers reasonably priced casual dining with 'Overstuffed/Oversized' sandwiches and a full bar. Restaurants feature televisions tuned to sporting events and the 'National Trivia Network,' inviting guests to play trivia games. Game areas include pool tables, darts and video games.
Crabby Joe's is a fresh, entertaining concept setting new standards in the hospitality industry. In the months and years ahead, you will see more of the Crabby Joe's concept in locations throughout Ontario. Crabby Joe's Tap & Grill has already grown throughout southern Ontario and is now poised for rapid future expansion. Several markets have been identified as desirable opportunities and they look forward to discussing these with you.Crabby Joe's like to poke fun at themselves and to encourage their customers to share in an enjoyable visit. They promote themselves in the community, and encourage their franchisees to be active in their participation in special events, sponsoring local sports associations and helping charitable organizations, Crabby Joe's wants to be front and centre in the community. The fun theme is also carried through with their clients, encouraging them to participate in contests such as to jokingly nominate, "The Crabbiest Boss of the Month, etc., etc."