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| Brand | BurgerFi Full-Service Restaurants Remove | Shuckin’ Shack Oyster Bar Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $705K – $1.2M | $457K – $1.4M |
Liquid capital | $10K – $45K | $20K – $50K |
Franchise fee | $35K | $45K |
Royalty rate | 5.5% | 3.5% |
Ad fund rate | 2.0% | 1.5% |
| Performance | ||
Avg gross sales | $1.3M | $1.3M |
Median gross sales | $1.2M | $1.1M |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | CAverage | BAbove Average |
Risk score | 68 / 100 | 57 / 100 |
SBA charge-off rate | 6.7% | 16.7% |
SBA loans on record | 26 | 12 |
| Scale | ||
Total units | 82 | 18 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 238 | 144 |
| Contacts | ||
Franchisee phones | 46 | 18 |
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