Shuckin Shack
Shuckin’ Shack Oyster Bar is a franchise system for oyster bars and seafood restaurants offering fresh seafood like oysters, clams, and shellfish, along with sandwiches, salads, other menu items, and a full-service bar in a neighborhood atmosphere. The franchisor, Shuckin Shack Franchising LLC, grants single-unit franchises, 1-3 multi-franchise addendums, and multi-unit development agreements for multiple restaurants within designated territories. Their business model revolves around licensing the proprietary system, marks, and operations manual to franchisees targeting casual diners seeking fresh seafood and beverages.
Franchise Costs
Tiered royalty (3.5%-5.5% of gross sales) + 1.5% brand fund + $500/mo local marketing + $500/mo POS + $150/mo technology
Financial Performance
Item 19 Financial Performance
Data Based On: 16 Operational Franchise Outlets for 2024
* All values extracted directly from Table 3: 'All Operational Franchise Outlets Gross Sales Data' for the Calendar Year 2024. No net income, net profit, EBITDA, or expense data for franchise units were provided in the document.
Extracted Item 19 Section
How Shuckin Shack Compares
Key Insights
- Lower investment than 75% of Casual Dining franchises
- Lower than average SBA loan default rate in Casual Dining
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Shuckin Shack Current | $457K – $1.4M | $45K | 3.5% | 16 |
| 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 Shuckin Shack franchisees (2015 – 2022)
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
17 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 |
17 Contacts Available
Unlock all Shuckin Shack franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
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 Shuckin Shack franchise ranges from $456,750 to $1,401,420. This includes a franchise fee of $45,000. Ongoing royalty fees are 3.5% of gross sales.
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