Vincent's Clam Bar franchise
2022 filing · February 22, 2022Shares sales figures
Vincent's Clam Bar at a glance
An Italian restaurant serving traditional homemade dishes cooked in an open kitchen; some offer beer, wine or a full bar. At the end of 2021 there were 1 Vincent's Clam Bar locations in the US, all company-owned.
The business
- Franchisor
- VCB Management Group LLC
- The company that sells the franchises
- Franchising since
- 2018
- 4 years of selling franchises
- Franchisor based in
- Carle Place, New York
- Typical size
- 4,000–7,000 sq ft
What you pay
- Cost to open
- $1.59M–$2.24M
- Fee, build-out and opening working capital
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross sales, paid weekly, plus 1.5% to the brand development fund (up to 3%)
- Brand fund
- 1.5%
- 1.5% of gross sales, paid weekly
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2019–2021
From VCB Management Group LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Vincent's Clam Bar among all franchises with the same figure.
| Figure | Vincent's Clam Bar | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $1,914,150 | Costs more than 92% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Vincent's Clam Bar franchise costs
Opening one Vincent's Clam Bar costs an estimated $1,592,500 to $2,235,800. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are construction/leasehold improvements ($900,000 to $1,350,000) and equipment ($256,900 to $309,400). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Construction/Leasehold Improvements | $900,000 | $1,350,000 | |
| Rent & Security Deposit – 3 months | $62,500 | $87,500 | |
| Utility Deposits | $11,000 | $12,000 | |
| Furniture & Fixtures | $33,200 | $38,200 | |
| Equipment | $256,900 | $309,400 | |
| Signage | $5,000 | $6,000 | |
| Computer, Software & POS System | $34,000 | $38,000 | |
| Opening Inventory | $75,000 | $110,000 | |
| Insurance – 3 months | $17,000 | $19,300 | |
| Travel & Living Expenses (while training) | $28,700 | $32,200 | |
| Grand Opening Advertising | $15,000 | ||
| Professional Fees | $15,000 | $30,000 | |
| Permits & Licenses | $3,500 | $6,000 | |
| Printing, Stationery & Office Supplies | $10,700 | $12,200 | |
| Additional Funds – 3 Months | $90,000 | $135,000 | |
| Total | $1,592,500 | $2,235,800 | |
Source: VCB Management Group LLC, 2022 filing, page 17
Vincent's Clam Bar franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: VCB Management Group LLC, 2022 filing, page 12
Royalty and ongoing fees
| Royalty | 5% of gross sales, paid weekly, plus 1.5% to the brand development fund (up to 3%). |
|---|---|
| Brand or marketing fund | 1.5% of gross sales, paid weekly. |
| Accounting System & Software Fee | $159 to $359, based on level of usage |
| Local Advertising, Marketing and Promotion | 1.5% of Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: VCB Management Group LLC, 2022 filing, page 13
Other fees as filed, from pages 13–16. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Vincent's Clam Bar publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: VCB Management Group LLC, 2022 filing, page 50
- Estimate Estimated yearly sales per location
- $1.6M–$2.8M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Vincent's Clam Bar compares
Of the 813 restaurant franchises on this site, Vincent's Clam Bar is the 756th cheapest to open and the 728th largest by number of locations.
| Figure | Vincent's Clam Bar | Typical restaurant brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $1.59M | $408K | $222K |
| Cost to open, high end | $2.24M | $866K | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| Brand fund | 1.5% | 2% | 2% |
| US locations | 1 | 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) | 1 | 0 | 0 |
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 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: VCB Management Group LLC, 2022 filing, page 51
Who owns Vincent's Clam Bar?
Vincent's Clam Bar franchises are sold by VCB Management Group LLC. Its filing names no parent company.
From VCB Management Group LLC’s 2022 filing, page 8.
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: VCB Management Group LLC, 2022 filing, litigation on page 11, bankruptcy on page 12
Vincent's Clam Bar filings
The figures on this page come from VCB Management Group LLC’s 2022 filing, issued February 22, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | February 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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