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SUBJECT DOSSIER · FDD 2026

Fat Shack Franchise

Cost, fees, owner earnings, closure rate and litigation for a Fat Shack franchise — pulled from the franchisor's own public FDD (2026), not its sales material.

Sandwich & Sub Shops · disclosure-honesty grade · from public state filings

Disclosure honesty

C
Transparency 3 / 5

Fat Shack discloses earnings (Item 19) — but the grade is how honestly. We graded it C.

Outlets31
Disclosed lawsuits0
Closure signals0 ceased
Investment
$183,250–$487,600
Total fees
7.5% of sales
Outlets
31
Closure signals
0 ceased, 0 terminated
Lawsuits
0

What their own earnings claim actually says

Discloses 2025 gross sales for 2 company-owned units (avg $620,432) and 24 franchisee-owned units (avg $670,665). Shows only top-line sales; excludes expenses, costs of goods, operating data. Only 41.7% of franchisees met average.

What a Fat Shack franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$35,000Item 5 — paid up front, before you open
Royalty6% of gross salesItem 6 — charged on revenue, not profit
Advertising fund1.5% of gross salesItem 6 — brand marketing, spent at the franchisor's discretion
Total recurring fees7.5% of gross salesBefore rent, labor, food or debt service
Total initial investment$183,250 – $487,600Item 7 — franchisor's own low/high estimate

Royalty 6% + Marketing 1.5% of gross sales. Multiple ancillary fees including management (3%), transfer ($10k), renewal ($6k), noncompliance ($150-$1k).

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Fat Shack system size and owner turnover

Total outlets31
Ceased operations0
Terminated by franchisor0
Transferred to new owners6
Closure rate0.0% of outlets

No recent closures; 4 units added 2025. Transfers increasing (6 in 2025 vs 3 in 2024).

From Item 20 of the FDD 2026. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Fat Shack worth it? — how it compares to 22 similar franchises

Ongoing fees7.5% of saleslower than most (median 8.5%)
Startup costfrom $183,250cheaper than most (median $436,176)
Disclosure honestyGrade Ctypical for the category
Closure rate0.0% of outletsbetter than most (median 1.2%)
Disclosed lawsuits0fewer than most

Benchmarked against every sandwich & sub shops franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Fat Shack

The franchisor's framing: Discloses 2025 gross sales for 2 company-owned units (avg $620,432) and 24 franchisee-owne… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Fat Shack franchise — frequently asked

How much does a Fat Shack franchise cost?
The FDD lists a total initial investment of about $183,250–$487,600, including a $35,000 initial franchise fee.
How much do Fat Shack franchise owners make?
Discloses 2025 gross sales for 2 company-owned units (avg $620,432) and 24 franchisee-owned units (avg $670,665). Shows only top-line sales; excludes expenses, costs of goods, operating data. Only 41.7% of franchisees met average. We grade this disclosure C for honesty.
What are the Fat Shack franchise fees?
Fat Shack's FDD discloses a $35,000 initial franchise fee, a 6% royalty on gross sales, a 1.5% advertising-fund contribution, for roughly 7.5% of gross sales in recurring fees before rent, labor, or debt service. Royalty 6% + Marketing 1.5% of gross sales. Multiple ancillary fees including management (3%), transfer ($10k), renewal ($6k), noncompliance ($150-$1k).
What is the Fat Shack franchise profit margin?
Fat Shack does not publish a franchisee net-profit margin — almost no franchisor does. What Item 19 actually shows: Discloses 2025 gross sales for 2 company-owned units (avg $620,432) and 24 franchisee-owned units (avg $670,665). Shows only top-line sales; excludes expenses, costs of goods, operating data. Only 41.7% of franchisees met average. Recurring fees alone take about 7.5% of gross sales, before rent, labor, food or debt service. Margin has to be reconstructed from the disclosure, not read off it.
What is the Fat Shack franchise failure rate?
No recent closures; 4 units added 2025. Transfers increasing (6 in 2025 vs 3 in 2024).
How many Fat Shack locations are there?
Fat Shack's FDD reports 31 total outlets, with 0 that ceased operations in the most recent reporting year and 6 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Fat Shack have complaints or lawsuits?
Fat Shack discloses no material litigation in Item 3 of the filing we reviewed. That's a positive signal, though it covers only what the franchisor is required to report.
Is a Fat Shack franchise worth it?
It depends on the numbers, not the pitch. Fat Shack scores C on disclosure honesty, carries about 7.5% of sales in ongoing fees. Get the real owner take-home before you sign.

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See all franchises ranked by disclosure honesty →

Source: WI DFI Franchise Registration (2026). FranchiseValidate is independent and not affiliated with Fat Shack or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.