The Crazy Mason Milkshake Bar

Franchise Information

Analyzed filing: VA · File #114277

FDD issued: May 30, 2023

FDD Issued: May 30, 2023

Extracted: May 1, 2026

Analyzed

Franchisor Details

Name: Steele Management Group, LLC

Address: 808 Gammon Drive, Myrtle Beach, SC 29579

Phone: (843)-655-9342

Website: Thecrazymason.com

Franchising Since: 2022

Industry & Qualifications

Industry

Food & Beverage

Franchise Fee

$30,000

Royalty

6.0%

Ad Fund: 1.0%

Total Investment

$278K - $578K

Outlet Information

Total Outlets

Franchised

Company-Owned

Opened (Last Year)

Closed (Last Year)

-0

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Combined gross revenue of two company-owned outlets for 2022: $3,737,075. AUV ca...

Financial Performance (Item 19)

Avg Unit Volume

$1,868,538

Sample Size

2 units

Unit Economics

EBITDA

7.9%

Gross Margin

63.9%

Labor Cost

20.1%

COGS

36.1%

Rent/Occupancy

7.8%

Legal History

Litigation: None

Bankruptcy: None

Number	File name	Source State	Filing Date	Actions
114277	488897_Franchise__Steele_Management_Group__LLC__Virginia_114277.pdf Canonical 2023 analysis · newest filing	VA	May 30, 2023 FDD issue date	Restricted
126972	488897_Franchise__Steele_Management_Group__LLC__Maryland_126972.pdf Alternate source copy	MD	May 30, 2023 FDD issue date	Restricted

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