What was the net change in the number of total Fat Shack outlets during 2024?
Fat_Shack Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet type | Year | Outlets at the Start of the year | Outlets at the End of the year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 24 | 24 | 0 |
| 2023 | 24 | 24 | 0 | |
| 2024 | 24 | 24 | 0 | |
| Company-Owned1 | 2022 | 3 | 5 | +2 |
| 2023 | 5 | 6 | +1 | |
| 2024 | 6 | 5 | -1 | |
| Total Outlets | 2022 | 27 | 29 | +2 |
| 2023 | 29 | 30 | +1 | |
| 2024 | 30 | 29 | -1 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 49–52)
What This Means (2025 FDD)
According to Fat Shack's 2025 Franchise Disclosure Document, the total number of Fat Shack outlets experienced a net decrease of 1 location during 2024. At the start of 2024, there were 30 total Fat Shack outlets. By the end of 2024, the total number of outlets had decreased to 29. This net change of -1 reflects the overall system performance, combining both franchised and company-owned locations.
Specifically, the number of franchised Fat Shack locations remained constant at 24 throughout 2024. However, the number of company-owned Fat Shack locations decreased by 1 during 2024, going from 6 at the beginning of the year to 5 at the end of the year. This decrease in company-owned stores accounts for the overall net decrease in total Fat Shack outlets.
A prospective franchisee should consider the reasons behind the decrease in company-owned locations. While the number of franchised locations remained stable, a decline in company-owned stores could indicate challenges or strategic shifts within the Fat Shack system. It would be prudent for potential franchisees to discuss this trend with the franchisor to understand the factors contributing to this change and its potential impact on franchise operations and support.