Shack Shine
Home Services · Cleaning Services
- Active units
- 31
- Avg unit volume
- $447k
- Royalty
- 8.0%
Franchised, year-end 2023
of weekly Net Sales
About Shack Shine
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$40k
- Referral program discount
Referred franchisee may receive a discount on their initial franchise fee
- Conditional money-back guarantee
If at least $150,000 Gross Revenue is not achieved in first 12 months (and conditions met), 100% refund of initial franchise fees
- Brand fund
8.0% of Net Sales
- Local advertising
13.0% of Net Sales
- Veteran discount
15.0% off franchise fee — We may discount the initial franchise fee by 15% for veterans
Brand Percentile Rankings
Growth
- Total locations31
Franchised units open at year-end
- New openings6
Gross new units opened during the calendar year
- 1-year unit growth rate-11.4%
Net unit growth versus prior year
- 3-year unit CAGR1.7%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.8×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$447k
Average Gross Revenue per franchisee, all U.S. and Canadian franchisees combined, reported in USD.
- 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 rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$214k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio2.1×
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.