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FranchiseVerdict

Milkshake Factory vs Crab N Spice

Franchise Comparison 2026

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

Investment Range
$510K – $773K
$396K – $892K
Franchise Fee
$60K
$20K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
N/AOutlet subset
N/ANo Item 19 representation
SBA Charge-Off Rate
Limited data
Limited data
Total Units
14
9
Unit Growth (YoY)
+4 units
+3 units
Year Began Franchising
2023
2019
FDD Year
2025
2025