About Vincent's Clam Bar Franchise
Vincent's Clam Bar is an Italian seafood restaurant franchise that has been franchising since 2018.
The brand draws on a rich culinary heritage, serving classic Italian American dishes with a focus on fresh seafood, clams, pasta, and signature sauces.
Vincent's offers a full dining experience that blends old school Italian charm with a menu that appeals to modern tastes.
Vincent's Clam Bar Franchise Cost & Fees
Minimum Investment
$1.6M
Average Investment
$1.9M
Maximum Investment
$2.2M
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $35,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1.5% of Gross Sales (Brand Development Fee, can increase to 3%); 1.5% of Gross Sales (Local Advertising, Marketing and Promotion); up to 3% of Gross Sales (Cooperative Advertising) | National brand fund |
| Total Investment Range | $1,592,500 – $2,235,800 | Includes build-out, inventory, working capital |
The investment range of $1.6M–$2.2M reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Sales) and marketing fee (1.5% of Gross Sales (Brand Development Fee, can increase to 3%); 1.5% of Gross Sales (Local Advertising, Marketing and Promotion); up to 3% of Gross Sales (Cooperative Advertising)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $35,000 | $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 | $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 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 25% of the then current single unit franchise fee, with a minimum of $12,500 |
| Renewal Fee | 25% of the then current single unit franchise fee, with a minimum of $12,500 |
| Technology Fee | To be determined |
| Audit Fee | Cost of audit and related expenses |
| Initial Training (For New or Replacement Employees) | $1,000/week plus expenses |
| Additional On-Site Training | Up to $1,000 per week per trainer, plus all expenses incurred by trainer |
| Interest | 1.5% per month or the highest interest rate allowed by applicable law, whichever is less |
| Prohibited Product or Service Fine | $500 per day of use of unauthorized products or services |
| Confidential Operations Manual Replacement Fee | $500 |
| Relocation Fee | Will vary under circumstances |
| Product or Supplier Evaluation | $500, plus expenses for third-party testing |
| Costs and Attorneys’ Fees | Will vary under circumstances |
| Indemnification | Will vary under circumstances |
| Insurance Premiums | Reimbursement of our costs, plus 10% administrative fee |
| Management Fee | 20% of Gross Sales, plus expenses |
| Gift Cards | Will vary, depending on number of gift cards sold and/or processed |
| Accounting System & Software Fee | $159 to $359, based on level of usage |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | approximately four weeks |
| Classroom Training | 36 |
| On-the-Job Training | 164 |
| Training Location | our corporate headquarters, at our affiliate’s Restaurant in New York, or at another location we designate. |
| Additional Training | At your request, additional on-site training or assistance at your Restaurant. You must pay our then-current per person training fee ($1,000/week) plus the trainees’ expenses, including travel, lodging, meals and wages. No fee is charged if the training is conducted at our designated training location, in conjunction with regularly scheduled training sessions. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Limited protected territory |
| Exclusive Territory | No |
| Territory Size | Minimum area in a suburban area will contain a population of 150,000 people. Minimum area in an urban, densely populated area will contain a population of 250,000 people. |
| Description | The Franchise Agreement specifies a limited protected territory for your Restaurant, with size depending on whether it's an urban or suburban area. The franchisor retains rights to operate or franchise other restaurants outside your territory, sell products through alternative distribution channels (internet, catalogs, grocery stores) within and outside your territory, and acquire competing businesses in your territory. Non-traditional sites (e.g., airports, hospitals) within your territory are not included in your protected area. You must provide catering services from your Restaurant, but not outside your territory unless that area is not yet sold to a franchisee. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Two additional terms of 10 years each |
| Renewal Fee | 25% of the then current single unit franchise fee, with a minimum of $12,500 |
| Renewal Conditions | Automatic renewal for two additional 10-year terms, provided you are in substantial compliance with the agreement, lease, and other agreements. You must execute renewal documents (including a general release and the then-current Franchise Agreement) and pay the renewal fee at least 90 days before the initial term expires. The franchisor will inspect the business for required updates/remodeling within six months before expiration. Failure to extend the lease or cure defaults may result in refusal to renew. Renewal terms may differ from the original contract, but territory boundaries and royalty/brand development fees will remain the same as for similarly situated renewing franchisees. |
| Transfer Fee | 25% of the then current single unit franchise fee, with a minimum of $12,500 |
| Transfer Conditions | Franchisor consent is required for any transfer of interest in the Restaurant or the Franchise Agreement, which will not be unreasonably withheld. Conditions for approval include: all monetary and outstanding obligations to the franchisor or affiliates must be satisfied; no defaults under the agreement; transferor and principals must execute a general release; transferee must meet franchisor's criteria for new franchisees (reputation, business acumen, financial strength); transferee must execute the then-current Franchise Agreement and ancillary agreements; transferee must renovate/upgrade the Restaurant to current standards; and transferee/manager must complete required training programs. A transfer fee is also required. |
| Termination for Cause | The franchisor may terminate the agreement without opportunity to cure for material defaults such as failure to meet the Minimum Performance Schedule (for multi-unit developers), unauthorized assignment, material misrepresentation, default in a Franchise Agreement leading to its termination, uncorrected violation of laws/regulations, conviction of an indictable offense, insolvency/bankruptcy, cessation of all Restaurant operations (for multi-unit developers). For other curable defaults, the franchisor may terminate with 30 days' written notice if the default is not cured within that period. |
| Non-Compete Period | 2 years |
| Non-Compete Details | During the term of the franchise, you and your Principals are prohibited from owning, operating, or having a financial interest in any competitive food service business. After termination or expiration, you and your Principals are prohibited for two years from operating or having an interest in a similar business within 25 miles of any Restaurant in the System. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | No |
| Participation Details | While active daily involvement is not required, you must designate and retain a General Manager who will devote full time and best efforts to the Restaurant's supervision and management. The General Manager must meet the franchisor's educational and business experience criteria, be acceptable to the franchisor, and complete all required training. If the General Manager ceases to serve or qualify, a replacement must be designated within 60 days. Franchisees are responsible for ensuring the Restaurant operates according to the Franchise Agreement and Manual. |
| Required Suppliers | Currently our affiliate, Vincent’s Food Corp., is the only approved supplier for our proprietary sauces, and our affiliate has the right to earn a profit on the sale of these items to our franchisees. |
| Supply Restrictions | You must purchase or lease and install all fixtures, furnishings, equipment, décor items, signs and related items we require, all of which must conform to our standards and specifications. You must maintain in sufficient supply and use and sell at all times only those food and beverage items, ingredients, products, materials, supplies and paper goods that meet our standards and specifications. All menu items must be prepared in accordance with proprietary recipes and procedures. You must obtain all food and beverage items, ingredients, supplies, materials, fixtures, furnishings, equipment, and other products used or offered for sale at the Restaurant solely from approved suppliers. If you wish to use an unapproved product or supplier, you must submit a written request for approval and may be charged a $500 fee plus third-party testing expenses. |
| Franchisor Revenue from Suppliers | During the fiscal year ended December 31, 2021, we did not earn any revenue from the sale of these proprietary products to our franchisees. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
Vincent's Clam Bar Franchise Earnings — Item 19
Vincent's Clam Bar does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Vincent's Clam Bar does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Vincent's Clam Bar Litigation & Risk Flags
Clean Litigation RecordVincent's Clam Bar has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Vincent's Clam Bar System Growth
Total Units
1
Franchised
0
Company-Owned
1
Vincent's Clam Bar currently operates 0 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 0 | 0 | 1 |
| 2020 | 0 | 0 | 1 |
| 2021 | 0 | 0 | 1 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
0
Net Income
$-13,013
Total Assets
$60K
Audited by EISNERAMPER LLP for year ending December 31st.
Vincent's Clam Bar Franchise — FAQ
The total investment to open a Vincent's Clam Bar franchise ranges from $1,592,500 to $2,235,800, per their Franchise Disclosure Document. This includes the initial franchise fee of $35,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Vincent's Clam Bar charges a royalty fee of 5% of Gross Sales of gross sales, plus a 1.5% of Gross Sales (Brand Development Fee, can increase to 3%); 1.5% of Gross Sales (Local Advertising, Marketing and Promotion); up to 3% of Gross Sales (Cooperative Advertising) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Vincent's Clam Bar Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Vincent's Clam Bar to ensure you have the most up-to-date version.
Vincent's Clam Bar does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Vincent's Clam Bar has been franchising since 2018. The FDD shows an investment range of $1,592,500-$2,235,800, a 5% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $35,000 and the total investment ranges from $1,592,500 to $2,235,800 depending on location size and market. A minimum of $90,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Vincent's Clam Bar and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Vincent's Clam Bar or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com