When was Crab N Spice Group formed?
Crab_N_Spice Franchise · 2024 FDDAnswer from 2024 FDD Document
We are a California corporation. We were formed on 9/07/2018.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–8)
What This Means (2024 FDD)
According to Crab N Spice's 2024 Franchise Disclosure Document, Crab N Spice Group was formed on September 7, 2018, as a California corporation. This indicates the legal establishment date of the franchising entity.
For a prospective franchisee, this date is important for understanding the history and maturity of the Crab N Spice franchise system. A more established franchisor might have a more developed support system and brand recognition, while a newer franchisor like Crab N Spice may be more flexible and open to franchisee input.
It's also worth noting that while Crab N Spice Group was formed in 2018, other entities such as Ventura Crab N Spice, LLC and Antelope Valley Crab N Spice, Inc. were formed earlier and have operated Crab N Spice locations since 2015 and 2017, respectively. This suggests that the Crab N Spice concept existed before the formal establishment of the Crab N Spice Group as the franchisor.