Crabby Joe's Tap & Grill
Number of locations
|Gus Karamountzos (President, Obsidian Group Inc.) Chris Sideris (Vice President, Crabby Joe's Tap & Grill)|
|Parent||Obsidian Group Inc.|
|Slogan||Good Food, Good Fun, BAD TEMPER!|
Obsidian Group Inc.
Crabby Joe’s Tap & Grill is a Canadian restaurant chain operating in 38 locations in Ontario as of 2012. The restaurants are characterized by a “casual relaxed” theme, and natural brick, hardwoods, earth tone color schemes, plasma TVs, classic art reproductions and a mix of booths and tables.
The chain is managed by Obsidian Group Inc..
There are 38 store locations in southern Ontario and expanding into Beamsville and Angus. Each franchise owner completes an eight week pre-opening training. Support personnel visit the owners restaurant for three to four weeks from when the restaurant has been opened. Following this, the owner will get continuing visits from the District Managers.
The cost of owning a franchise is $35,000 which is paid once the Franchise Agreement is signed. The royalty fee is 5% of the total sales which is characterized under the Franchise Agreement and is paid on a weekly basis to the Obsidian Group Inc. The Marketing Fee is 2% of total sales which is defined in the Franchise Agreement and is paid weekly to Obsidian Group Inc. These fees are kept in a “Crabby Joe’s Marketing Account” and are used for system advertising and promotion of the Crabby Joe’s system as established by the Franchisor. The franchise regulations prevent Obsidian Group Inc. from disclosing return of investment made. What can be made is totally based on various variables including: sales mix, competition in the area, operational costs, time of year and more.