Juicy Crab Franchise - Sea Food Restaurant
Juicy Crab Franchise Opportunities
Juicy Crab franchise is a chain of sea food restaurants. The menu includes popcorn shrimps, fried calamari, chicken wings, desserts and drinks. The first restaurant was opened in 2015 in Georgia, and the first Juicy Crab sea food restaurant franchise came for sale in 2017. For four years of franchising on the market the brand has got a good reputation, recognition, and experience in how to build a successful business. Juicy Crab sea food restaurant franchise offers very profitable opportunities for new franchisees. For reasonable franchise cost & fees, the franchisor offers on-the-job and classroom trainings as well as an ongoing support with grand opening, site selection, and lease negotiation.
How to open a Juicy Crab franchise?
- Ensure you have adequate capitalization.
In order to open the Juicy Crab sea food restaurant franchise, you must have a net worth of $500,000.
- Appreciate the investment required for a sea food restaurant franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of uniforms, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become a Juicy Crab sea food restaurant franchise owner.
- Assess market availability.
You will want to look at the market availability for Juicy Crab franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Juicy Crab franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Juicy Crab franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
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How much does Juicy Crab franchise cost?
Juicy Crab has a franchise fee of up to $50,000, with a total initial investment range of $216,469 to $905,490.
Net-worth Requirement: $500,000
Liquid Cash Requirement: $200,000
Juicy Crab Initial Investment
Initial Investment: $613,500 - $1,106,500.
Initial Franchise Fee: $50,000
Ongoing Royalty Fee: 6%
Ad Royalty Fee: 1%
Juicy Crab website: www.thejuicycrab.com
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- Starting investments from:$613,500
- Company type:Restaurant
- Company foundation year2015
- Year of launching the franchise2017
- Corporate Address:3555 Koger Blvd., #390 Duluth, GA 30096