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    Franchise opportunities compared

    Angry Crab Shack vs IHOP

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Angry Crab Shack2026 FDDIHOP2026 FDD

    Initial investment · Item 7

    Angry Crab Shack

    $421,800

    2026 FDD · Item 7 · PDF p. 17

    IHOP

    $380,550 – $4,823,457

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Angry Crab Shack

    Not available

    IHOP

    $15,000

    2026 FDD · Item 5 · PDF p. 19

    Royalty · Item 6

    Angry Crab Shack

    5%

    2026 FDD · Item 6 · PDF p. 10

    IHOP

    4.5%

    2026 FDD · Item 6 · PDF p. 21

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • IHOP discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Angry Crab Shack: 45, IHOP: 39). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Angry Crab Shack

    $421,800
    Total initial investment lower estimate
    2026 FDD · Item 7 · PDF p. 17

    IHOP

    $380,550 – $4,823,457
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Angry Crab Shack

    Not available
    No single standard fee identified

    IHOP

    $15,000
    2026 FDD · Item 5 · PDF p. 19
    Royalty (Item 6)

    Angry Crab Shack

    5%
    Royalty fee percent of Net Sales
    2026 FDD · Item 6 · PDF p. 10

    IHOP

    4.5%
    Royalty rate
    2026 FDD · Item 6 · PDF p. 21
    Brand / advertising fund (Item 6)

    Angry Crab Shack

    1%
    Advertising Fund Fee current percent of Net Sales — 1%
    2026 FDD · Item 6 · PDF p. 11

    IHOP

    3.5%
    National Advertising Fee rate — 3.5%
    2026 FDD · Item 6 · PDF p. 21

    System scale & health

    Total outlets (Item 20)

    Angry Crab Shack

    24
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 54

    IHOP

    5,142
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 57
    Net outlet change (Item 20)

    Angry Crab Shack

    +3
    Calculated: 21 at end of 2023 → 24 at end of 2025

    IHOP

    +3,459
    Calculated: 1,683 at end of 2022 → 5,142 at end of 2025
    Outlet exits (Item 20)

    Angry Crab Shack

    Not available
    No complete exit records for a year

    IHOP

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Angry Crab Shack

    Not available
    Not in reviewed records

    IHOP

    1960
    From a verified franchisor listing
    Franchisor founded (Item 1)

    Angry Crab Shack

    Not available
    Not in reviewed records

    IHOP

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Angry Crab Shack
    Locations counted not stated in the reviewed record — Goodyear
    $4,809,879
    other Goodyear Net Sales
    2026 FDD · Item 19 · PDF p. 45
    Locations counted not stated in the reviewed record — East Mesa
    $3,691,216
    other East Mesa Net Sales
    2026 FDD · Item 19 · PDF p. 45
    Locations counted not stated in the reviewed record — Mesa
    $5,039,542
    other Mesa Net Sales
    2026 FDD · Item 19 · PDF p. 45
    +42 more groups in the full report
    IHOP
    Locations counted not stated in the reviewed record — Traditional franchised IHOP Restaurants in the Northeast U.S. Census Bureau reg…
    $2,176,716
    other Gross Sales
    2026 FDD · Item 19 · PDF p. 66
    Locations counted not stated in the reviewed record — Traditional franchised IHOP Restaurants in the Midwest U.S. Census Bureau region
    $1,551,817
    other Gross Sales
    2026 FDD · Item 19 · PDF p. 66
    Locations counted not stated in the reviewed record — Traditional franchised IHOP Restaurants using the freestanding prototype, 2024…
    $1,970,976
    other Gross Sales
    2026 FDD · Item 19 · PDF p. 67
    +36 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Angry Crab Shack vs IHOP: common questions

    Which costs less to open, Angry Crab Shack or IHOP?
    Angry Crab Shack: $421,800 (2026 FDD · Item 7 · PDF p. 17); IHOP: $380,550 – $4,823,457 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for IHOP. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Angry Crab Shack and IHOP royalties compare?
    Angry Crab Shack: 5% (2026 FDD · Item 6 · PDF p. 10); IHOP: 4.5% (2026 FDD · Item 6 · PDF p. 21). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Angry Crab Shack or IHOP?
    Angry Crab Shack: 24 (2026 FDD · Item 20 · PDF p. 54); IHOP: 5,142 (2025 FDD · Item 20 · PDF p. 57). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Angry Crab Shack and IHOP disclose financial performance (Item 19)?
    Angry Crab Shack has reviewed Item 19 figures for 45 location groups; IHOP has reviewed Item 19 figures for 39 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

    Keep researching

    Full Angry Crab Shack report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full IHOP report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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