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. Milkshake Factory discloses average revenue of $716K; Crab N Spice does not report Item 19 data. FranchiseVerdict rates Milkshake Factory A (Top Quintile) and Crab N Spice D (Below Average).
| Metric | Milkshake Factory | Crab N Spice |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | DBelow AverageBelow Average |
| Investment Range | $510K – $773K | $396K – $892K |
| Franchise Fee | $60K | $20K |
| Royalty Rate | 6.0% | 6.0% |
| Average Revenue (Item 19) | $716K | N/A |
| SBA Charge-Off Rate | Limited data | Limited data |
| Total Units | 14 | 9 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2023 | 2019 |
| FDD Year | 2025 | 2025 |
Investment Range
$510K – $773K
$396K – $892K
Franchise Fee
$60K
$20K
Royalty Rate
6.0%
6.0%
Average Revenue (Item 19)
$716K
N/A
SBA Charge-Off Rate
Limited data
Limited data
Total Units
14
9
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2023
2019
FDD Year
2025
2025