Skrimp Shack franchise
2022 filing · April 30, 2022Shares sales figures
Skrimp Shack at a glance
A quick-service seafood restaurant serving fried and steamed shrimp, fish, chicken, burgers and sides. At the end of 2021 there were 32 Skrimp Shack locations in the US, 26 franchised and 6 company-owned.
The business
- Franchisor
- Skrimp Shack LLC
- The company that sells the franchises
What you pay
- Cost to open
- $281K–$614K
- Fee, build-out and opening working capital
- Franchise fee
- $40,000
- Paid once, when you sign
- Royalty
- 5%–6%
- 6% of gross sales in the first year and 5% after that, paid monthly
Where it is
- US locations, 2021
- 32
- Franchised and company-owned
- Franchised
- 26
- Company-owned
- 6
- States
- 4
- Most in Virginia, North Carolina and Georgia
From Skrimp Shack LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Skrimp Shack among all franchises with the same figure.
| Figure | Skrimp Shack | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $447,671 | Costs more than 59% of franchises |
| Franchise feePaid once, when you sign | $40,000 | Lower than 46% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 32 | More than 57% of franchises |
| Sales per locationYearly, as the brand reports it | $743,317 | Lower than 53% of brands that share sales figures |
| Sales against cost to openYearly sales over the cost midpoint | 1.7× | Higher than 53% of brands that share sales figures |
How much a Skrimp Shack franchise costs
Opening one Skrimp Shack costs an estimated $280,981 to $614,361. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Skrimp Shack LLC, 2022 filing, page 1
Skrimp Shack franchise fee
The franchise fee is $40,000. You pay it when you sign the franchise agreement.
Source: Skrimp Shack LLC, 2022 filing, page 14
Royalty and ongoing fees
| Royalty | 6% of gross sales in the first year and 5% after that, paid monthly. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Skrimp Shack LLC, 2022 filing, page 15
Sales and earnings
Shares figures Skrimp Shack publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $743,317
Yearly figures for 2021, covering franchised restaurants open all of 2021. The average is about 1.7 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Skrimp Shack LLC, 2022 filing, page 56
SBA loans to Skrimp Shack franchisees
Lenders approved 7 SBA 7(a) loans for Skrimp Shack franchisees from 2015 to 2020, $1.63M in all. Of the 6 that have ended, 5 were paid in full and 1 was charged off. The other one hasn’t ended yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Skrimp Shack compares
Of the 309 fast food franchises on this site, Skrimp Shack is the 97th cheapest to open and the 133rd largest by number of locations.
| Figure | Skrimp Shack | Typical fast food brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $281K | $353K | $222K |
| Cost to open, high end | $614K | $786K | $477K |
| Franchise fee | $40K | $35K | $40K |
| Royalty | 5% | 6% | 6% |
| Sales per location | $743K | $1.14M | $794K |
| US locations | 32 | 23 | 21 |
| Change in franchised locations, 0 yrs | +30% | +5.2% | – |
| Shares earnings figures | Yes | 189 of 309 | 2,147 of 3,352 |
Typical is the median across the 309 brands in fast food franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned |
|---|---|---|
| 2019 | 26 (+6) | 1 |
| 2020 | 26 (0) | 6 |
| 2021 | 26 (0) | 6 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fast food franchise costs and franchise failure rates.
Source: Skrimp Shack LLC, 2022 filing, page 57
Where Skrimp Shack locations are
At the end of 2021, Skrimp Shack had locations in 4 states. The most are in Virginia, North Carolina and Georgia.
- Virginia24
- North Carolina5
- Georgia2
- Florida1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Virginia | 20 | 4 | 24 |
| North Carolina | 3 | 2 | 5 |
| Georgia | 2 | 0 | 2 |
| Florida | 1 | 0 | 1 |
Source: Skrimp Shack LLC, 2022 filing, page 58
Who owns Skrimp Shack?
Skrimp Shack franchises are sold by Skrimp Shack LLC.
From Skrimp Shack LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 6. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Skrimp Shack LLC, 2022 filing, litigation on page 6, bankruptcy on page 13
Skrimp Shack filings
The figures on this page come from Skrimp Shack LLC’s 2022 filing, issued April 30, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 30, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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