My lovely wife Karen and I founded the Chum Bucket during The Great Recession of Bikini Bottom. With very little money, our dream of running a restaurant was crushed. Luckily, with my family's financial assistance, we were able to get our little Bucket off the ground. Unfortunately, at the exact same time, in 1999, the Krusty Krab opened for buissness.
With their Krabby Patty, made using the coveted secret formula, Krabs rose to the top of the fast food chain, leaving us with no customers. However, there was light at the end of the tunnel. After the Bubble Bowl was butchered by Maroon 5, many loyal, paying, Krusty Krab customers came to the Chum Bucket, shocked that Krabs would ever allow such an atrosity to happen.