ANGRY CRAB SHACK
Angry Crab Shack franchises the right to operate southern-style seafood boil restaurants offering seafood, Cajun-style dishes, and other authorized food and beverages on an eat-in or take-out basis in a lively, casual, friendly environment. Franchisees are required to offer a full bar with beer, wine, and spirits as permitted by law. The target market includes people of all ages in locations with dense residential populations and strong daytime working areas, within the competitive restaurant industry.
Franchise Costs
5% royalty + 1% ad fund (up to 2%) + $80-$400/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 14 franchise-owned units for Net Sales calculations based on data from Page 3. 18 total restaurants (5 affiliate owned and 13 franchise owned, with affiliate units' royalty and advertising fees imputed to reflect franchise operation) for EBITDA and expense calculations, based on data from Page 6.
* Average gross revenue, median gross revenue, revenue top quartile, and revenue bottom quartile for 2024 were calculated from the individual Net Sales data of 14 franchise-owned units presented in the table on Page 3 (excluding units with '*' for 2024 data). The average EBITDA and EBITDA margin percentage are taken from Page 6, 'AVERAGE NET SALES, EXPENSES AND EBITDA FOR ALL REPORTING ANGRY CRAB SHACK RESTAURANTS' for Calendar Year 2024. This data represents 18 units (5 affiliate-owned and 13 franchise-owned). Note (4) on Page 8 clarifies that affiliate-owned locations had royalty and advertising fees imputed to reflect what they would pay if they were franchise-owned.
Extracted Item 19 Section
How ANGRY CRAB SHACK Compares
Key Insights
- Lower investment than 77% of Casual Dining franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
ANGRY CRAB SHACK Current | $412K – $1.2M | $50K | 5.0% | 17 |
| IHOP & INTERNATIONAL HOUSE OF PANCAKES | $1.8M – $4.5M | $69K | N/A | 1,703 |
| BUFFALO WILD WINGS | $2.5M – $4.9M | $25K | 5.0% | 538 |
| GOLDEN CORRAL STEAKS, BUFFET & BAKERY | $2.1M – $8.5M | $50K | 4.0% | 352 |
| GOLDEN CORRAL | $2.2M – $8.7M | $50K | 4.0% | 348 |
| ORIGINAL PANCAKE HOUSE (THE) | $483K – $1.7M | $60K | 2.0% | 146 |
Casual Dining Average 44 franchises | $1.5M – $3.5M | $43K | 4.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 44 Casual Dining franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for ANGRY CRAB SHACK franchisees (2020 – 2024)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
19 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
19 Contacts Available
Unlock all ANGRY CRAB SHACK franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Breach of franchise agreement, sublease, guaranty, and loan agreement with a franchisee, resulting in termination of franchise agreements.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a ANGRY CRAB SHACK franchise ranges from $411,800 to $1,203,800. This includes a franchise fee of $50,000. Ongoing royalty fees are 5.0% of gross sales.
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