See the reason why I actually think SpongeBob is a non-starter for food, is the fact that Universal Kids had to systematically remove any notion of the Krusty Krab from the layout plans for Kids Texas.
I think if you can't get Krusty Krab, then things might be a bit complicated for SpongeBob.
That is curious. I hadn't even noticed it before, but across all of the Nickelodeon-themed entertainment venues out there, they've never sold a proper noun Krabby Patty burger before. They never did it at Nick Hotel, Nickelodeon Universe, old-school USF, Comic-Con, anywhere like that.
It seems like a request from the late Stephen Hillenburg himself. He was okay with fast food toys and the gummy candies, but actually serving real burgers was a line he didn't want to cross. It seems like Paramount is less picky, given the Wendy's promotion early this year that included the first official Krabby Patty (a fairly regular wendy's beef burger from what I can tell).
If the rights to sell a Krabby Patty, or to use the name Krusty Krab are somehow really difficult to obtain or a red-line with Paramount, then unfortunately that's a lot of value lost in building out that IP for use in a theme park like Universal. It's a pretty major part of the brand.
As much as I appreciate Hillenburg and his virtue of not directly peddling crappy food to kids, I do think the ship has sailed a bit on that sadly; and as a fan, I can't deny how cool it'd be to have such an iconic food make it to the parks. Best case scenario would be if the heavy emphasis on theming that modern theme parks seems to be striving for could create a proper, high-quality Veggie burger recipe that could hold up to scrutiny. As opposed to what we got with Wendy's, which seemed to get some decent pushback.
While UniKids ditching the Krusty Krab isn't ideal, hopefully stuff like the Wendy's promotion is a sign of new perspectives at Paramount. Maybe it's wishful thinking, but could they have scrapped building the world's first Krusty Krab at a small local-focused kids park because that "World's First"-title could be solid marketing towards a visit to one of their headline parks?
Yeah, probably not.