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Crab N Spice Group

Crab N Spice Group

Franchising since 2021 · 4 locations

Crab N Spice Group currently operates 4 locations (4 franchised). PeerSense FPI health score: 63/100.

Total Units

4

4 franchised

FPI Score
Medium
63

Proprietary PeerSense metric

Moderate
Capital Partners
2lenders available

Active capital sources verified for Crab N Spice Group financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
63out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 7 loans charged off

SBA Loans

7

Total Volume

$2.4M

Active Lenders

2

States

1

Top SBA Lenders for Crab N Spice Group

What is the Crab N Spice Group franchise?

Should you invest in a seafood boil concept before the category goes fully mainstream? That is the precise question facing prospective franchisees evaluating the Crab N Spice Group franchise opportunity in 2025 and 2026, and the answer demands a clear-eyed analysis grounded in verified data rather than marketing language. Crab N Spice Group traces its origins to a home kitchen in Ventura, California, in 2014, when co-founders Marlon Arsenal and Jerrico Reyes began developing what would become the brand's signature CNS sauce through systematic flavor experimentation. Arsenal and Reyes brought an unconventional background to the restaurant industry — both previously co-owned a home healthcare business — yet that operational discipline appears to have shaped a franchise model built around repeatable process rather than chef-driven improvisation. The first brick-and-mortar location opened in Ventura, and the company was officially launched as a business in 2015, with franchising beginning in 2019. By December 2025, Crab N Spice had grown to 10 operational units across California and Nevada, with a seventh California location under development in Anaheim at 160 W. Lincoln Ave. and a fourth Las Vegas unit on South Rainbow Road scheduled to open by late January 2026. The brand occupies a specific niche within the limited-service restaurant category: the interactive, hands-on seafood boil experience built around proprietary spice blends and a fully customizable menu of shellfish, sides, and house-made sauces. At 10-plus locations concentrated in the western United States, Crab N Spice Group is not yet a national powerhouse, but the brand is deliberately and measurably expanding its franchise footprint at a moment when the seafood boil segment is capturing growing consumer attention. Headquarters are identified in both Ventura and Palmdale, California, across different corporate documents, reflecting the brand's evolution from a single-location operator to a multi-market franchise system. This analysis is produced independently by PeerSense and is not sponsored, endorsed, or reviewed by Crab N Spice Group or its affiliates.

The broader limited-service restaurant industry in the United States generates approximately $390 billion in annual revenue, and the seafood segment within that universe is demonstrating above-average growth momentum driven by several converging consumer trends. Health-conscious dining continues to reshape American eating habits, and seafood — particularly shellfish boil formats heavy in protein and perceived as experiential rather than transactional — aligns well with a consumer base increasingly willing to pay premium prices for differentiated, memorable meals. The global seafood market is projected to grow at a compound annual rate of roughly 3.1% through 2030, with the interactive dining sub-segment outpacing that baseline as consumers continue to seek restaurant experiences that cannot be replicated at home or through delivery. The seafood boil category specifically benefits from what analysts call the experience economy premium: diners who crack crab legs at a communal table with custom spice blends are purchasing a social ritual as much as a meal, which supports higher average ticket sizes and repeat visit frequency. Within the franchise universe, the seafood boil segment remains notably fragmented, with no single dominant national brand controlling the category the way legacy burger or pizza chains control their respective spaces. That fragmentation creates genuine opportunity for early-mover franchise brands willing to build systems, protect territories, and establish brand equity before consolidation accelerates. Restaurant labor market conditions, which have pressured margins across the full-service segment since 2021, have also favored concepts with streamlined kitchen operations and high throughput per labor hour — a structural characteristic that well-designed seafood boil formats can leverage through batch cooking and assembly-line plating. The combination of secular health trends, experience economy tailwinds, fragmented competitive landscape, and relatively low national brand penetration makes the Crab N Spice Group franchise opportunity worth serious evaluation for investors tracking the seafood restaurant space.

Understanding the Crab N Spice Group franchise cost in precise terms requires navigating some source variation in the available data, but the range is meaningfully below what comparable full-service seafood dining concepts require. The initial franchise fee is reported at two figures across different disclosure periods: $20,000 in certain third-party sources and up to $35,000 in the 2019 Franchise Disclosure Document, suggesting the fee structure may have evolved as the brand matured its franchise program. For comparison, full-service restaurant franchise fees frequently run between $30,000 and $60,000, placing Crab N Spice's entry cost at or below the category midpoint. Total Crab N Spice Group franchise investment is reported in a range of $303,000 to $581,000 in the FDD and $313,000 to $591,000 in subsequent third-party analyses, with the spread driven primarily by variables including geographic lease rates, the extent of buildout required, equipment procurement timelines, and working capital reserves. This investment range is explicitly noted as substantially below the sub-sector average for full-service restaurants, which runs from $1.05 million to $2.3 million, making Crab N Spice Group a comparatively accessible entry point within the seafood dining category. Working capital requirements are estimated at $35,000 to $70,000 within that total investment range. Liquid capital requirements vary by source, with figures of $75,000 and $200,000 both cited; the brand's ideal candidate profile points toward $200,000 or more in liquid capital for franchisees who can absorb the operational demands of a perishable seafood inventory system. A minimum credit score of 650 is recommended for prospective franchisees. The royalty fee is reported at 4.0% in the FDD and 6.0% in third-party analyses — a discrepancy that likely reflects either a rate change over time or different calculation methodologies — alongside a 1.0% advertising fund contribution. The initial franchise agreement runs for a term of 10 years, with a 5-year renewal term, providing franchisees a reasonably long runway to achieve full payback on their initial Crab N Spice Group franchise investment before facing renegotiation.

Daily operations at a Crab N Spice Group location center on the seafood boil service model, which emphasizes fresh or live shellfish — typically combinations of crab, shrimp, crawfish, lobster, and clams — cooked in proprietary spice blend seasonings and served in the characteristic bag-at-the-table format that defines the genre. The staffing model blends kitchen production roles responsible for boil preparation and order assembly with front-of-house staff managing the tactile, hands-on guest experience that differentiates the concept from conventional limited-service restaurants. The initial training program is structured at 80 hours total, split between 50 hours of classroom instruction and 30 hours of on-the-job training across a two-week period conducted at the franchisor's corporate headquarters in Ventura, California, with a portion of the training completed at an established franchise location. This training typically commences approximately ten to twelve weeks prior to a franchisee's scheduled opening date, providing adequate lead time for site preparation, staff hiring, and pre-opening marketing. Following the headquarters training, Crab N Spice Group provides two additional weeks of onsite training at the franchisee's location to support the operational launch. Ongoing support encompasses five identified pillars: operational support, marketing support, purchasing support, accounting and legal support, and research and development, giving franchisees institutional backing across the full spectrum of business management functions rather than limiting corporate involvement to brand standards compliance. Territory exclusivity is a structurally important benefit for early-stage franchise adopters; Crab N Spice Group defines protected territories as a 100,000-population center or a 5-mile radius from the franchisee's location, whichever measurement produces the smaller zone, with territory boundaries determined through market research and current census data. Multi-unit development options are available for experienced operators seeking to acquire multiple locations simultaneously, and the company has explicitly noted its willingness to work with existing restaurant operators who wish to convert or remodel current locations as a faster pathway to opening.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document for Crab N Spice Group, which means prospective investors cannot access audited average unit volumes, median revenue figures, or systemwide profit margin benchmarks directly from the FDD. This is an important disclosure point: while the FDD's Item 19 permits franchisors to voluntarily share financial performance representations, only a small fraction of franchise systems choose to do so, and Crab N Spice Group currently falls within the majority that does not provide this data publicly. One third-party aggregator explicitly lists average gross revenue as not available for this brand, confirming that no public financial performance representation exists in accessible sources. What can be assessed from available data is the investment thesis on a structural basis. A total investment range of $303,000 to $591,000 in a category where the sub-sector average runs $1.05 million to $2.3 million suggests that if a Crab N Spice Group location achieves even average-tier revenues for a comparable seafood dining concept, the payback profile on invested capital could be meaningfully more favorable than higher-investment full-service alternatives. The seafood boil format inherently supports higher average ticket values relative to fast-casual burger or sandwich concepts, since a table of four ordering crab, shrimp, sides, and beverages can reach $100 to $180+ in a single visit without unusual consumption patterns. Revenue performance will vary materially based on factors including lease cost structure, local labor market conditions, population density within the protected territory, and management execution quality — variables that Crab N Spice Group's corporate team acknowledges in their guidance to prospective franchisees. Investors conducting full due diligence should request financial performance data directly from existing franchisees during the mandatory FDD review period, as operator-reported revenue figures can provide a practical proxy for Item 19 data the franchisor has not yet chosen to disclose.

The Crab N Spice Group franchise system has followed a measured but consistent growth trajectory since franchising commenced in 2019. The 2019 FDD recorded zero franchised units at the time of filing, which is common for brands in the earliest phase of franchise program development. By February 2022, the company reported four California-signed locations active since 2018, with units operating in Sacramento and Santa Clarita, alongside signed agreements covering Arizona and Las Vegas, with an additional unit in Carson, California, positioned to bring the West Coast total to eight locations. The brand reported five additional signed licenses in 2022 that were expected to open during that year. By December 2025, the system had reached 10 operational units, comprising seven California eateries and three Las Vegas locations, representing meaningful network growth over a six-year period for a regional emerging brand. The Las Vegas cluster — three operational locations as of November 2024, with a fourth on South Rainbow Road anticipated by late January 2026 — demonstrates that the brand can replicate its model successfully in high-density urban entertainment markets outside its California home base. The Anaheim expansion, operated by first-time franchisee Anwar Syed at 160 W. Lincoln Ave., illustrates that Crab N Spice Group is actively recruiting new operators rather than relying solely on existing multi-unit franchisees to fuel growth. Leadership at the corporate level includes Maricar Reyes as CEO, with McMillian Latayan serving as CEO of the Las Vegas franchise group alongside co-owners Kim Ong, Vilma Ong, Jerome Viray, and Arnold Bunye — a regional leadership structure suggesting that capable local operators are being empowered to scale sub-markets independently. The company's competitive moat rests primarily on its proprietary CNS sauce and seasoning blends, which cannot be legally replicated by competitors, combined with the brand identity and growing consumer recognition it has built through a decade of operation beginning with the original 2014 home kitchen formulations. The nationwide franchise expansion announced in February 2022 and the ongoing acceptance of inquiries across all U.S. states signal that management is prepared to accelerate unit growth beyond the current West Coast concentration.

The ideal Crab N Spice Group franchisee candidate is described in the brand's franchise development materials as an experienced restaurant operator with demonstrated ability to manage perishable inventory systems — a critical operational competency given that fresh shellfish procurement, storage, and quality control are foundational to the guest experience the brand promises. The $200,000 liquid capital threshold cited across multiple ideal-candidate descriptions serves as a financial filter that prioritizes operators with sufficient working capital to weather the operational variability inherent in a perishable product business without placing the location under acute cash pressure in the early months. A minimum credit score of 650 positions this as an accessible but not entry-level franchise investment in terms of borrower qualification. Available territories span all U.S. states as of the 2022 nationwide expansion announcement, with existing density concentrated in California and Nevada, suggesting that virtually any major metropolitan market outside those two states represents underpenetrated white space for qualified applicants. The standard timeline from signing to opening involves training beginning ten to twelve weeks before the target launch date, meaning operators should budget approximately three to four months from execution of the franchise agreement to the commencement of revenue-generating operations. The 10-year initial agreement term with a 5-year renewal provides a 15-year potential operating horizon under a single franchise relationship, which is sufficient to achieve full return on the $303,000 to $591,000 initial investment range at a reasonable revenue run rate. Multi-unit development rights are available, and the Las Vegas cluster — operated by a single franchise group spanning three locations — demonstrates that the brand has already proven the multi-unit expansion model in practice.

The Crab N Spice Group franchise opportunity sits at an analytically interesting intersection: a brand with a decade of operating history, a proven proprietary product, a below-sector-average investment requirement, and a 10-unit system that has validated itself in two states but has not yet scaled to the point where prime territory availability becomes constrained. The FPI score of 63, rated Moderate by the PeerSense rating methodology, reflects a system that carries both the opportunity characteristics of an emerging brand and the due diligence obligations that any investor must fulfill before committing $300,000 to $600,000 in capital to a franchise with limited public financial performance data. The absence of Item 19 disclosure is a legitimate consideration that elevates the importance of direct franchisee validation calls during the discovery process, and the variation in reported royalty rates — 4.0% versus 6.0% across sources — warrants explicit clarification in the FDD review. For investors who have identified the seafood boil category as a compelling long-term growth opportunity, who possess the $200,000 in liquid capital and operational management experience the brand targets, and who can execute effectively within a protected 100,000-population or 5-mile-radius territory, Crab N Spice Group represents a franchise candidate that deserves structured due diligence rather than dismissal or uncritical enthusiasm. PeerSense provides exclusive due diligence data including SBA lending history, FPI score analysis, location maps with Google ratings, FDD financial data, and side-by-side comparison tools that allow investors to benchmark Crab N Spice Group against comparable limited-service seafood and experiential dining concepts across every material investment dimension. Explore the complete Crab N Spice Group franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

63/100

SBA Default Rate

0.0%

Active Lenders

2

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Crab N Spice Group based on SBA lending data

SBA Default Rate

0.0%

0 of 7 loans charged off

SBA Loan Volume

7 loans

Across 2 lenders

Lender Diversity

2 lenders

Avg 3.5 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

Crab N Spice Groupunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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Crab N Spice Group