What are some examples of 'Captive Audience Venues' where Fat Shack can operate?

According to Fat Shack's 2025 Franchise Disclosure Document, Captive Audience Venues are facilities with a concentration of foot traffic gathered for a primary purpose other than consuming food and beverages. Fat Shack identifies several examples of these venues. These include locations such as airports and other transportation hubs, which see a high volume of travelers.

Other examples of Captive Audience Venues for Fat Shack are hospitals, convention centers, grocery stores, department stores, and "big box" retail centers. These locations attract a consistent flow of people for various purposes, creating opportunities for food and beverage sales. Additionally, Fat Shack specifies resorts, sports arenas and stadiums, hotels and office buildings, military installations (Army and Air Force Exchange Services), and food courts as potential Captive Audience Venues.

Fat Shack clarifies that it and its affiliates retain the right to operate or authorize third parties to operate Fat Shack restaurants in Captive Audience Venues without regard to location. This means that a franchisee may face competition from these venues, even within their protected territory. The prices and offerings in these venues may also differ from those at franchised locations.