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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
Tiered royalty (3.5%-5.5% of gross sales) + 1.5% brand fund + $500/mo local marketing + $500/mo POS + $150/mo technology
Franchise Stats
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 to Other Casual Dining Franchises
Key Insights
- Lower investment than 77% of Casual Dining franchises
- Lower than average SBA loan default rate in Casual Dining
| Franchise | Investment Range | Franchise 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 43 franchises | $1.6M - $3.6M | $44K | 4.6% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Shuckin Shack franchise?
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.
How much revenue does a Shuckin Shack franchise make?
According to the 2025 FDD, the average gross revenue for a Shuckin Shack franchise is $1,315,675. The median revenue is $1,141,949.
How many Shuckin Shack franchise locations are there?
As of the 2025 FDD, Shuckin Shack has 16 franchise locations. The company has been franchising since 2014.
Can you get an SBA loan for a Shuckin Shack franchise?
Yes, SBA loans are available for Shuckin Shack franchises. Historical data shows 12 SBA 7(a) loans have been approved for Shuckin Shack franchisees, with an average loan amount of $253,583. The historical default rate is 8.3%.
Is Shuckin Shack a good franchise to buy?
Shuckin Shack shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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