The restaurant, which has been featured on the Cooking Channel, Food Network and the Travel Channel, is scouting for locations in the the top 40 media markets, such as Arizona; New Jersey; Washington, D.C. and Georgia for its first wave of expansion.
Savannah Seafood Shack, a fast casual restaurant based in Savannah, Georgia, is bringing its Lowcountry cuisine nationwide through a franchising partnership with Fransmart, a franchise development company for emerging brands.
“Savannah Seafood Shack has the strongest unit economics I’ve seen in a fast casual restaurant in a decade,” Dan Rowe, CEO of Fransmart, said in a company press release. “Customers vote with their wallets, and they love this place.”
Located in the heart of Savannah’s historic district, Savannah serves Lowcountry boils, fried and steamed seafood, po’ boys, seafood cones, house-made crab cakes bites and seasonal items.
After experiencing its most successful year in 2021, with a net operating income of $551,297.99 and gross profit of $1,447,705.82, the time is right for Savannah Seafood Shack to franchise nationwide, founder and CEO Christine Tsoi Cutlip said in the release.
“From the beginning, we have taken pride in using the best ingredients in each dish thanks to my family’s knowledge and appreciation for fresh seafood,” said Rowe, a first-generation Chinese American raised in Savannah. “As we approach our sixth year in business, we are thrilled to officially take Savannah Seafood Shack to franchise. Thanks to the guidance and direction of Fransmart, we have worked insanely hard to make this dream a reality and I could not be prouder to embark on this new venture and take our dedicated fans and supporters along for the ride.”
The restaurant, which has been featured on the Cooking Channel, Food Network and the Travel Channel, is scouting for locations in the the top 40 media markets, such as Arizona; New Jersey; Washington, D.C. and Georgia for its first wave of expansion. The initial startup costs are $388,400- $909,600 with a franchising fee of $35,000.