Fat Shack
Source filing: WI · filed 2026-03-31
Item 5 — Initial franchise fee
$35,000 [p.12 · WI · 2026-03-31]
Item 6 — Recurring fees (royalty & advertising)
Not disclosed in extracted fee schedule — see FDD Item 6.
Item 7 — Estimated initial investment (total)
$183,250 [p.18 · WI · 2026-03-31] – $487,600 [p.18 · WI · 2026-03-31]
Base single-franchise offering as stated in the FDD's total row. Multi-unit or area-development formats are not broken out here.
Item 20 — Outlets
| Franchised outlets at start of year | 24 [p.48 · WI · 2026-03-31] |
|---|---|
| Franchised outlets at end of year | 28 [p.48 · WI · 2026-03-31] |
| Net change in franchised outlets | 4 [p.48 · WI · 2026-03-31] |
| Transfers | 6 [p.49 · WI · 2026-03-31] |
| Terminations | 0 [p.50 · WI · 2026-03-31] |
| Non-renewals | 0 [p.50 · WI · 2026-03-31] |
| Ceased operations (other) | 0 [p.50 · WI · 2026-03-31] |
| Company-owned outlets at end of year | Not disclosed |
Item 19 — Financial performance representation
Headline cohort
franchisee-owned Units that operated for the entire calendar year 2025 · calendar year 2025
| Outlets in sample | Average | Median | High | Low |
|---|---|---|---|---|
| 24 [p.46 · WI · 2026-03-31] | $670,665 [p.46 · WI · 2026-03-31] | $614,309 [p.46 · WI · 2026-03-31] | $1,097,912 [p.46 · WI · 2026-03-31] | $363,025 [p.46 · WI · 2026-03-31] |
All disclosed cohorts (2)
| Cohort | Outlets | Average | Median | High | Low |
|---|---|---|---|---|---|
| company-owned and affiliate-owned Units that operated for the entire calendar year 2025 calendar year 2025 |
2 [p.46 · WI · 2026-03-31] | $620,432 [p.46 · WI · 2026-03-31] | $620,432 [p.46 · WI · 2026-03-31] | $737,580 [p.46 · WI · 2026-03-31] | $503,283 [p.46 · WI · 2026-03-31] |
| franchisee-owned Units that operated for the entire calendar year 2025 calendar year 2025 |
24 [p.46 · WI · 2026-03-31] | $670,665 [p.46 · WI · 2026-03-31] | $614,309 [p.46 · WI · 2026-03-31] | $1,097,912 [p.46 · WI · 2026-03-31] | $363,025 [p.46 · WI · 2026-03-31] |
“The chart is a historic representation based on the past performance of the company-owned and affiliate-owned Units.” [p.46 · WI · 2026-03-31]
Extraction notes
- Item 20 outlet counts were extracted with model assistance and verified against the cited pages.
- Item 7 totals were extracted with model assistance and verified against the cited page.