Bobby Chez Crabcakes franchise
2022 filing · April 22, 2022Shares sales figures
Bobby Chez Crabcakes at a glance
A takeout-focused restaurant selling crabcakes, seafood and related prepared foods. At the end of 2021 there were 4 Bobby Chez Crabcakes locations in the US, all company-owned.
The business
- Franchisor
- Bobby Chez Franchise, LLC
- The company that sells the franchises
- Franchisor based in
- Cherry Hill, New Jersey
- Typical size
- 1,200–2,000 sq ft
What you pay
- Cost to open
- $249K–$498K
- A single Bobby Chez restaurant
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of weekly gross sales, plus 2% to the brand development fund and local advertising
- Brand fund
- 2%
- 2% of gross sales, paid weekly
- Renewal fee
- See terms
- 25% of the then current Initial Franchise Fee
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
Where it is
- US locations, 2021
- 4
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 4
- Change in 3 years
- 0
- Franchised locations, 2019–2021
- States
- 1
- Most in New Jersey
From Bobby Chez Franchise, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Bobby Chez Crabcakes among all franchises with the same figure.
| Figure | Bobby Chez Crabcakes | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $373,500 | Costs more than 52% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Bobby Chez Crabcakes franchise costs
Opening a single Bobby Chez restaurant costs an estimated $249,000 to $498,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Bobby Chez Franchise, LLC, 2022 filing, page 16
Bobby Chez Crabcakes franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Bobby Chez Franchise, LLC, 2022 filing, page 10
Royalty and ongoing fees
| Royalty | 5% of weekly gross sales, plus 2% to the brand development fund and local advertising. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid weekly. |
| Point of Sale System and Support | Up to $450 |
| Transfer Fee | 25% of the then current Initial Franchise Fee |
| Renewal Fee | 25% of the then current Initial Franchise Fee |
| Local Advertising Payment | $2,000 or 2% of monthly Gross Sales per month |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Bobby Chez Franchise, LLC, 2022 filing, page 11
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Bobby Chez Crabcakes publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Bobby Chez Franchise, LLC, 2022 filing, page 44
- Estimate Estimated yearly sales per location
- $720K–$1.3M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Bobby Chez Crabcakes compares
Of the 813 restaurant franchises on this site, Bobby Chez Crabcakes is the 168th cheapest to open and the 562nd largest by number of locations.
| Figure | Bobby Chez Crabcakes | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $249K | $408K | $222K |
| Cost to open, high end | $498K | $866K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 4 | 14 | 21 |
| Shares earnings figures | Yes | 474 of 813 | 2,147 of 3,352 |
Typical is the median across the 813 brands in restaurant franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 4 | 0 | 0 |
| 2020 | 0 (0) | 4 | 0 | 0 |
| 2021 | 0 (0) | 4 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Bobby Chez Franchise, LLC, 2022 filing, page 45
Where Bobby Chez Crabcakes locations are
At the end of 2021, Bobby Chez Crabcakes had locations in 1 state. The most are in New Jersey.
- New Jersey4
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New Jersey | 0 | 4 | 4 |
Source: Bobby Chez Franchise, LLC, 2022 filing, page 47
Who owns Bobby Chez Crabcakes?
Bobby Chez Crabcakes franchises are sold by Bobby Chez Franchise, LLC.
From Bobby Chez Franchise, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Bobby Chez Franchise, LLC, 2022 filing, litigation on page 10, bankruptcy on page 10
Bobby Chez Crabcakes filings
The figures on this page come from Bobby Chez Franchise, LLC’s 2022 filing, issued April 22, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 22, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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