Shuckin’ Shack FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for Shuckin’ Shack Oyster Bar, an oyster bar and seafood restaurant with a neighborhood atmosphere featuring fresh seafood including oysters, clams and other shellfish, sandwiches, salads, and other menu items and a full-service bar.
Corporate Information
Shuckin Shack Franchising LLC is a North Carolina limited liability company formed on February 18, 2014. Their principal business address is 406 N. 3rd Street, Wilmington, North Carolina 28401. They began offering franchises in April 10, 2014.
Investment
The franchisor offers individual unit Shuckin’ Shack Oyster Bar restaurant franchises and area development franchises for the development of multiple Restaurants within a designated territory. The total investment necessary to begin operation of a Shuckin’ Shack Oyster Bar franchise under a franchise agreement is $456,750 to $1,401,420. This includes $60,000 that must be paid to the franchisor or its affiliate(s). The total investment necessary to begin operation of a Shuckin’ Shack Oyster Bar franchise under a franchise agreement with a 1-3 Multi-Franchise Addendum is $551,750 to $1,496,420. This includes $155,000 that must be paid to the franchisor or its affiliate(s). The initial investment necessary to begin operation of a Shuckin’ Shack Oyster Bar franchise under a multi- unit development agreement is $524,250 to $1,491,420. This includes $127,500 to $150,000 that must be paid to the franchisor or its affiliate(s). The minimum number of outlets you may open under the multi-unit development agreement is four and the maximum number of outlets is five.
