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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.