Shuckin' Shack Oyster Bar
Oyster bar/seafood restaurants

Shuckin' Shack Oyster Bar
Oyster bar/seafood restaurants

About
Founded

2007

Franchising Since

2014 (6 Years)

Corporate Address

201 N. Front St., #203
Wilmington, NC 28401

Leadership

Jonathan Weathington, CEO

Financial Requirements
Initial Investment ⓘ

$252,700 - $776,750

Net-worth Requirement ⓘ

$300,000 - $1,000,000

Liquid Cash Requirement ⓘ

$150,000 - $600,000

Ongoing Fees
Initial Franchise Fee ⓘ

$45,000 - $45,000

Ongoing Royalty Fee

3.5-5.5%

Ad Royalty Fee

1.5%

Financing Options

Shuckin' Shack Oyster Bar has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

10% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

80 hours

Classroom Training:

64 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

20

Cost
Initial Investment: Low - $252,700 High - $776,750
Units
+15.4%+2 UNITS (1 Year) +50.0%+5 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming
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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 9th, 2020
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