franchise fees

Group Buying Power Offsets Franchise Fee

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A few weeks back, in our blog post titled "Confessions of a Multi-Unit Franchisee", our Cary NC franchisee,  Brad Barbour, mentioned in the final question of his interview that he was excited about the buying power that Shuckin' Shack franchisees have today and how it will improve as "The Shack" opens more locations.  Brad isn't the only one! Our operations team goes to impressive lengths to closely monitor a handful of national and regional food vendors and asks all franchisees to participate by purchasing collectively to dramatically reduce costs for food, beverages and other operating supplies. According to Jonathan Weathington, CEO of Shuckin' Shack, "We recently reached a point with our group buying that allows a brand new franchisee to completely make up the cost of our franchise fee invvestment based solely on their savings by buying with the other franchisees, as opposed to opening their own independent seafood restaurant or pub. And that's just in their first year of business!" Clearly these savings are impressive now with 10 locations open, but with several more restaurants scheduled to open in the South later in 2017 and others in the pipeline for 2018, it's easy to see why Brad Barbour and other Shuckin' Shack franchisees are excited about the power of group buying! 

We are now seeking franchise expansion partners to open our restaurant franchise in Richmond, VA in 2018. If you, or someone you know, has restaurant management or franchise operating experience within this market, please visit our special RVA page by clicking here