Head-to-head comparison
Shuckin Shack vs Tim Ho Wan Franchise Opportunities
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.
| Disclosure |  Shuckin Shack |  Tim Ho Wan |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $500,000 – $1,500,000 Total Estimate 2026 FDD · Item 7 · PDF p. 19 | $3,195,009 – $3,825,209 Total estimated initial investment 2025 FDD · Item 7 · PDF p. 15 |
| Standard initial franchise fee (Item 5) | $15,000 2026 FDD · Item 5 · PDF p. 12 | $110,000 2025 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | 3.5% · Percentage of Gross Sales; 3.5% first calendar year, 4.5% second calendar year, 5.5% third and subsequent calendar years Royalty 2026 FDD · Item 6 · PDF p. 13 | $3.00 Monthly royalty — payable in SGD 2025 FDD · Item 6 · PDF p. 12 |
| Brand / advertising fund (Item 6) | 1.5% · Percentage of Gross Sales; currently 1.5%, up to 2.5% Brand Development Fund 2026 FDD · Item 6 · PDF p. 13 | Not available No reviewed brand or advertising fund fee |
| System scale & health | ||
| Total outlets (Item 20) | 18 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 61 | Not available No reviewed outlet counts |
| Net outlet change (Item 20) | −1 Calculated: 2023–2025 | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | 2014 2026 FDD · Item 1 · PDF p. 8 | Not available Not in reviewed records |
| Franchisor founded (Item 1) | 2014 2026 FDD · Item 1 · PDF p. 8 | Not available Not in reviewed records |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Franchised (14 locations) — revenue $1,360,886 mean Gross Sales · 2026 FDD · Item 19 · PDF p. 57 Franchised (16 locations) — revenue $1,400,416 mean Gross Sales · 2026 FDD · Item 19 · PDF p. 57 | Not disclosed — no Item 19 financial performance representation |
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.