Angry Crab Shack
Food & Beverage · Full-Service Restaurants
- Active units
- 17
- Avg unit volume
- $2.9M
- Royalty
- 5.0%
Franchised, year-end 2024
of weekly Net Sales
About Angry Crab Shack
Since 2013, Angry Crab Shack has been a favorite among seafood lovers. The brand was founded by Ron Lou, a former NFL player, who used his expertise in Asian cuisine and seafood to create something unique. Angry Crab Shack combines bold flavors inspired by Asian cuisine with high-quality seafood to bring customers an unforgettable dining experience. With a focus on affordability, Angry Crab Shack offers delicious seafood at a more accessible price point. The restaurant prides itself on its family-friendly atmosphere and vibrant dining environment. As the brand grew, Angry Crab Shack expanded its locations, making it more accessible to seafood enthusiasts across various states such as Arizona, Alabama, Nevada, Texas, England, and Georgia. In addition to its dine-in services, Angry Crab Shack also provides catering options for those who want to enjoy their mouthwatering seafood in the comfort of their own homes.
Key terms
- Franchise fee
$50k
- Second/subsequent unit pricing
Initial Franchise Fee generally $45,000 for second and subsequent units
- Development Agreement pricing
If a Development Agreement is executed with the initial Franchise Agreement, each additional unit Initial Franchise Fee is $40,000
- Brand fund
2.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
5,500 – 7,000 sq ft
- Veteran discount
20.0% off franchise fee — $40,000 Initial Franchise Fee for eligible U.S. veterans, firefighters, or police officers (beginning with first unit)
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations19
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate5.6%
Net unit growth versus prior year
- 3-year unit CAGR9.0%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$2.8M
Average Net Sales for 2025
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate1.2%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$813k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate5.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio3.5×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.