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    Franchise opportunities compared

    Shahs Halal vs Shakey’s Restaurant

    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.

    Shahs Halal2026 FDDShakey’s Restaurant2025 FDD

    Initial investment · Item 7

    Shahs Halal

    $192,000 – $450,000

    2026 FDD · Item 7 · PDF p. 23

    Shakey’s Restaurant

    $1,279,000 – $3,529,500

    2025 FDD · Item 7 · PDF p. 14

    Initial franchise fee · Item 5

    Shahs Halal

    Not available

    Shakey’s Restaurant

    $35,000

    2025 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Shahs Halal

    5%

    2026 FDD · Item 6 · PDF p. 17

    Shakey’s Restaurant

    5%

    2025 FDD · Item 6 · PDF p. 12

    Before you compare

    • Shahs Halal figures come from its 2026 FDD and Shakey’s Restaurant figures from its 2025 FDD, so the years differ.
    • Item 19 figures cover the location groups each FDD names (Shahs Halal: 4, Shakey’s Restaurant: 3). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Shahs Halal

    $192,000 – $450,000
    Full-size franchise estimated initial investment
    2026 FDD · Item 7 · PDF p. 23

    Shakey’s Restaurant

    $1,279,000 – $3,529,500
    Traditional Shakey’s Restaurant investment
    2025 FDD · Item 7 · PDF p. 14
    Standard initial franchise fee (Item 5)

    Shahs Halal

    Not available
    No single standard fee identified

    Shakey’s Restaurant

    $35,000
    2025 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Shahs Halal

    5%
    Royalty rate
    2026 FDD · Item 6 · PDF p. 17

    Shakey’s Restaurant

    5%
    Royalty
    2025 FDD · Item 6 · PDF p. 12
    Brand / advertising fund (Item 6)

    Shahs Halal

    1%
    Proprietary marketing fund — 1%
    2026 FDD · Item 6 · PDF p. 17

    Shakey’s Restaurant

    4%
    Advertising Fund contribution — current — 4%
    2025 FDD · Item 6 · PDF p. 12

    System scale & health

    Total outlets (Item 20)

    Shahs Halal

    Not available
    No reviewed outlet counts

    Shakey’s Restaurant

    47
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 48
    Net outlet change (Item 20)

    Shahs Halal

    Not available
    Only one year reported

    Shakey’s Restaurant

    −1
    Calculated: 48 at end of 2022 → 47 at end of 2024
    Outlet exits (Item 20)

    Shahs Halal

    Not available
    No complete exit records for a year

    Shakey’s Restaurant

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

    Shahs Halal

    Not available
    Not in reviewed records

    Shakey’s Restaurant

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Shahs Halal

    Not available
    Not in reviewed records

    Shakey’s Restaurant

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Shahs Halal
    Locations counted not stated in the reviewed record — 73 Shah’s Halal-branded U.S. restaurants, not owned in whole or in part or mana…
    $942,333
    other Table 1 franchised U.S. restaurants not owned or managed
    2026 FDD · Item 19 · PDF p. 55
    Locations counted not stated in the reviewed record — Bottom 10 Shah’s Halal-branded restaurants operating in 2025
    $440,120
    other Table 3 bottom 10 restaurants average gross sales
    2026 FDD · Item 19 · PDF p. 55
    Locations counted not stated in the reviewed record — 15 Shah’s Halal-branded U.S. restaurants owned in whole or part or managed by S…
    33.33 percent
    other Table 4 owned/managed restaurants
    2026 FDD · Item 19 · PDF p. 55
    +1 more groups in the full report
    Shakey’s Restaurant
    Locations counted not stated in the reviewed record — 24 Sample Restaurants open and operating for the entire period
    $3,879,489
    other Total revenue average
    2025 FDD · Item 19 · PDF p. 42
    Locations counted not stated in the reviewed record — 24 Sample Restaurants open and operating for the entire period
    $1,978,635
    other Total revenue average
    2025 FDD · Item 19 · PDF p. 42
    Locations counted not stated in the reviewed record — 24 Sample Restaurants open and operating for the entire period
    $282,958
    other Adjusted cash flow median
    2025 FDD · Item 19 · PDF p. 43

    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.

    Shahs Halal vs Shakey’s Restaurant: common questions

    Which costs less to open, Shahs Halal or Shakey’s Restaurant?
    Shahs Halal: $192,000 – $450,000 (2026 FDD · Item 7 · PDF p. 23); Shakey’s Restaurant: $1,279,000 – $3,529,500 (2025 FDD · Item 7 · PDF p. 14). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Shahs Halal. Estimates are not quotes, and the FDD years may differ.
    How do Shahs Halal and Shakey’s Restaurant royalties compare?
    Shahs Halal: 5% (2026 FDD · Item 6 · PDF p. 17); Shakey’s Restaurant: 5% (2025 FDD · Item 6 · PDF p. 12). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Do Shahs Halal and Shakey’s Restaurant disclose financial performance (Item 19)?
    Shahs Halal has reviewed Item 19 figures for 4 location groups; Shakey’s Restaurant has reviewed Item 19 figures for 3 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 Shahs Halal report

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

    Full Shakey’s Restaurant report

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

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