At Angry Crab Shack, we do things a little differently when it comes to site selection. When we help franchise owners find the perfect location for their Angry Crab Shack, we focus our efforts on finding second- and third-generation restaurants.
These locations typically already include functional kitchens and bars, properly sized utility and HVAC systems, fire suppression systems and proper zoning, which helps franchise owners keep initial investment costs under control. Our unique site selection process provides many benefits and allows our franchise owners to get prime real estate locations without blowing through a sizable portion of their initial investment capital.
Minimized Initial Investment
Our strategy of identifying second-generation restaurant locations helps franchise owners keep initial investment costs down. The initial investment for an Angry Crab franchise varies depending on the size and number of restaurants in the agreement, but the average estimated initial investment is $636,000, which is on the lower end of the spectrum for full-service restaurants.
Second-generation restaurant locations allow owners to reduce build-out costs by limiting renovations to décor and signage and using the existing equipment and utilities. Many key pieces of equipment required for restaurants can be very costly. Between the hood and ventilation, grease trap and HVAC system, a second-generation restaurant space can save franchise owners well over $100,000 on just a few items.
Reduced Build-Out Time
In addition to saving money, with operational kitchens, bars and equipment already in place, second-generation restaurants allow our franchise owners to get their Angry Crab Shack running in a shorter timeframe.
In many cases, we try to find second-generation restaurant locations that are already properly zoned. Getting proper zoning can cause delays in opening a restaurant, so with that already in place, our franchise owners have fewer obstacles to worry about.
Less time spent on build-out and zoning means more time for franchise owners to serve guests and start generating a strong cash flow.
With lower initial investment costs and reduced renovation time, our strategy of selecting second-generation restaurant locations makes it easier and more cost effective for franchise owners to open an Angry Crab Shack. Combine that with our more than $3 million average annual net values and unique concept, and Angry Crab franchise owners are set up for success from the start.