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Below is an in-depth analysis and side-by-side comparison of Crabby Bob's Seafood Grill vs Lobster Joint including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $1,500,000 - $3,500,000 | $695,600 - $996,400 |
| Franchise Fee | $50,000 | $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | up to 2% | 0.5% |
| Year Founded | 1997 | 2011 |
| Year Franchised | 1998 | 2015 |
| Term Of Agreement | 15 years +10 | - |
| Term Of Agreement | 15 years +10 | - |
| 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 | -/- | -/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | Irvine, CA 8-10 Weeks
TBD 8-10 Weeks | - |
| Support | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost | - |
| Marketing | - | - |
| Operations | Average Number of Employees: 8 Full-time, 25 Part-time Passive Ownership: Allowed | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | Yes | Yes |
Lobster Joint serves up only the best classic New England comfort food and more.
We're looking for entrepreneurs who wish to be owners of a proven franchise model.