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Updated RecentlyShuckin' Shack vs The Simple Greek Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Shuckin' Shack vs The Simple Greek including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $252,700 - $841,750 | $318,700 - $651,250 |
| Franchise Fee | $45,000 | $25,000 |
| Royalty Fee | 3.5-5.5% | - |
| Advertising Fee | 1.5% | - |
| Year Founded | 2007 | 2015 |
| Year Franchised | 2014 | 2015 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/Yes | -/- |
| Payroll | -/Yes | -/- |
Training & Support |
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| Training | On-The-Job Training: 80 hours Classroom Training: 64 hours | - |
| Support | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 20 | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Shuckin' Shack
!["Shuckin]("https://fddexchange.com/wp-content/uploads/2020/08/Shuckin-Shack-300x103.jpg")
When the founders opened the first Shuckin’ Shack in 2007, their goal was to provide the highest quality seafood and drinks while removing all the pre-conceived notions of only getting great food a few times per year. Opening the second location in Historic Wilmington in 2012 brought similar success, even in a market flooded with seafood restaurants, taverns, and bars. One thing remained clear - Shuckin’ Shack was different than the tired “fry it all” seafood houses found all over the Southeastern United States. After a warm reception and a number of awards, as well as being featured in Coastal Living Magazine’s “22 Best Seafood Dives in America,” 2014 brought a new adventure: franchising. Sticking with the same mantra that brought two successful restaurants in North Carolina,
Shuckin’ Shack Oyster Bar can now be found in multiple states with over a dozen locations. The formula that works for “The Shack” can be found in their mission statement: “To show each guest ‘A Good Shuckin’ Time’ through fresh seafood, high-quality spirits, and exceptional customer service.”
Are you ready to bring ‘A Good Shuckin’ Time’ to your community?
Seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District
of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Indiana, Kansas,
Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Missouri,
Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New
Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South
Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia and Wyoming
Veteran Incentives 10% off franchise fee
About The Simple Greek
!["The]("https://fddexchange.com/wp-content/uploads/2021/01/The-Simple-Greek.jpg")
The Simple Greek is redefining the traditional Greek restaurant with an
interactive concept that combines premium ingredients, open kitchens and
Greek atmosphere in a fast casual setting. Proudly featuring the
authentic flavors and spices of Greece and the Mediterranean seaboard,
the menu features a variety of dishes such as build your own bowls,
salads, pitas and Greek yogurt with a variety of proteins, toppings and
sides to choose from at an affordable price. The Simple Greek prepares
all meats and ingredients daily to ensure the highest level of quality
and freshness. Our interactive ordering process allows you, the customer
to ask questions about the food while being able to see the fresh,
handmade dishes being prepared right in front of you.
The total investment necessary to begin operation of a The Simple Greek franchise ranges from $318,700 to $632,500. This includes $25,000 that must be paid to the franchisor or their affiliates.
The total investment necessary to begin the operation of a The Simple Greek multi-unit development business ranges from $337,450 to $651,250, for a required minimum of 2 The Simple Greek outlets to be developed. This includes a minimum $43,750 that must be paid to the franchisor or their affiliates.