Angry Crab Shack Franchise – Costs, Fees & Earning Stats
Net Worth Requirement:
Units in Operation:
$411,800 – $1,184,200
Founded in 2013, Angry Crab Shack is a seafood restaurant franchise specializing in Cajun-style seafood boils and is based in Arizona. Today, Angry Crab Shack has grown into a successful franchise with many locations in the United States.
In this article, we’ll give you an in-depth look at the Angry Crab Shack franchise opportunity, including information on costs, fees, and earning potential.
Is Angry Crab Shack a franchise?
Angry Crab Shack is a franchise that started in Arizona. The company focuses on cajun-flavored and Asian-flavored seafood boils.
The restaurants offer dine-in, take-out, and delivery options for their customers. In addition to its restaurants, Angry Crab Shack also offers catering services.
The company’s growth is largely due to its focus on fresh, quality seafood and the company’s culture of excellence in everything they do.
Each location needs to adhere to the quality standards set by the franchise which ensures that the food and service are high quality.
How many locations does Angry Crab Shack have?
Angry Crab Shack is a popular seafood restaurant franchise that started franchising in 2017.
The first Angry Crab Shack location opened in 2013, and the company has since expanded to include 18 locations in the states of Arizona, Alabama, Nevada, and Texas. The franchise has plans to continue expanding in the future, with new locations in Washington and Georgia coming soon.
The menu features a variety of delicious food items, including king crab, Dungeness crab, shrimp, and lobster, all cooked in its Cajun signature style.
Angry Crab Shack is best known for its spicy seafood boil, which features crab, shrimp, and lobster and is cooked in a cajun-style broth.
The restaurant also offers a wide variety of other seafood items, including grilled fish, oysters, clams, and calamari. Whether you’re looking for a quick bite or a sit-down meal, Angry Crab Shack has something for everyone. Whether you’re looking for a casual meal or a catering option for a larger gathering, Angry Crab Shack has you covered.
How much does an Angry Crab Shack franchise cost?
You might be wondering how much it would cost to open an Angry Crab Shack franchise. The short answer is that it depends on a number of factors, including the location of the restaurant and the size of the premises.
The total initial investment range is $411,800 – $813,200. This includes the franchise fees as well as opening inventory, leasehold improvements, rent, and signage. The company provides training and support to help franchisees get started.
Additionally, franchisees must have a minimum of $200,000 in liquid assets and a net worth of at least $800,000. The Angry Crab Shack has financing available if you qualify through its relationships with third-party providers.
What is the Angry Crab Shack franchise fee?
The Angry Crab Shack franchise fee is $50,000 and allows you to use the name and logo, but that’s just the beginning. In addition to what was said above, there are other expenses related to being a franchisee.
A couple of those expenses are fees. These fees include a 5% royalty fee on gross sales and a 1% brand fund fee on gross sales.
Being driven, having strong business acumen and managerial experience will be beneficial, and while as of this writing, nothing on the website says restaurant experience is needed to open a franchise yet as you’d expect it should be helpful.
With the combination of initial investment and ongoing costs, such as royalty fees and marketing expenses, it is essential to carefully consider whether an Angry Crab Shack franchise is right for you.
How much do Angry Crab Shack franchise owners make?
Angry Crab Shack is a popular seafood franchise that began in Arizona in 2013 and has expanded to include locations outside its home state of Arizona.
Angry Crab Shack is known for its casual dining experience and its signature spicy boil.
With proper management and a strong marketing strategy, an Angry Crab Shack franchise can be a profitable business venture.
The table below offers up some numbers about the franchise. Let’s take a look.
The right column is for the combined numbers of the 8 units that have a franchise owner and the 5 affiliate locations. Net sales for the 13 locations were $50,680,237. The gross profit was $27,570,812 and the EBDITA was $5,613,285. If you translate the figures to a per-store average, they come out like this. The average net sales/store is $3,898,479. The gross profit/store is $2,120,831 and the EBDITA is $431,791.
The Wolf’s Take
It’s always interesting to see the way franchises present data – you’d think they would just provide the averages instead of making us calculate it ourselves….but I digress.
Using the information from the column furthest on the right, the average revenue per location comes to $4,131,059.85. And factoring in an average EBITDA of 10.5%, means that each location earned $433,761.28 in EBITDA!
These are very impressive numbers for any restaurant. And while it certainly requires a high unit volume to drive that profitability, they seem to have a playbook for seafood – an uncommon area in franchising – figured out.
For the restauranteurs out there, this is a brand worth diving into!
The Angry Crab Shack franchise offers a variety of menu options that are sure to please customers and has a strong focus on providing quality products and excellent customer service.
This article gave you the initial costs involved, such as the initial investment costs, the royalty fees, and how much owners can make. If you’re looking to get into the seafood business, the Angry Crab Shack might be worth considering.
This is not investment advice. As always, look at the franchise disclosure document and do your own research and due diligence before investing and realize any investment may go to zero.
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