Crab shack chain pinches new location

CAPE CORAL — Pinchers Crab Shack plans to open its ninth location at the Tarpon Point development on Silver King Boulevard in Cape Coral in late October.

Pinchers, which recently opened a restaurant on Duval Street in Key West, is expanding, with new locations from Tampa to Naples. The company posted revenue growth of 11.4% in 2012 over 2011, to $28 million in sales. It was ranked 190th in the Gulf Coast 500.

Father-and-son entrepreneurs Tony and Grant Phelan started Pinchers 16 years ago with a restaurant in Bonita Springs. The Fort Myers-based family plans to one day grow the chain to 100 locations.