The Chum Bucket is a fictional restaurant in the Nickelodeon cartoon, SpongeBob SquarePants. It's owned by Sheldon J. Plankton, Eugene H. Krabs' nemesis and located across the street from the Krusty Krab, which is far more successful than the Chum Bucket. It is part of "Sheldon Plankton Enterprises, a division of No Fun Incorporated." The Chum Bucket's lack of business is not just because of the good food served at the Krusty Krab and the awful disgusting food at the Chum Bucket, but also because of the cruelty of Plankton to other residents of Bikini Bottom. Plankton has consistently tried to steal the "secret recipe" for the Krabby Patty so as to duplicate it and gain more customers, but he has always been unsuccessful. Once, he read a fake recipe for the Krabby Patty which used ground up Plankton, then ran away in horror. Plankton first tried to steal the Krabby Patty Formula, belonging to the Krusty Krab. 25 years later, it was the 25th anniversary when Plankton tried to steal the formula. He did, or at least a fake one, in Plankton's Army. When Plankton isn't involved in episodes the Chum Bucket is strangely never seen.