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FranchiseVerdict

Crab N Spice vs Milkshake Factory

Franchise Comparison 2026

Both Crab N Spice and Milkshake Factory are full-service restaurants franchises. Crab N Spice requires an investment of $396K – $892K while Milkshake Factory requires $510K – $773K. FranchiseVerdict rates Crab N Spice A (Strongest tier) and Milkshake Factory B (Above average).

Investment Range
$396K – $892K
$510K – $773K
Franchise Fee
$20K
$60K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
N/A
N/AOutlet subset
SBA Charge-Off Rate
Limited data
Limited data
Total Units
9
14
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2019
2023
FDD Year
2025
2025