Island Fin Poke is a fast-casual restaurant serving Hawaiian-style poke bowls with fresh ingredients. The franchise supports franchisees with strong branding and comprehensive training.
Key Insights
- Island Fin Poke originated from a passion for fresh, high-quality ingredients and a desire to share the vibrant flavors of Hawaiian cuisine. The business focuses on building a strong community presence, offering a customizable and healthy dining experience that has resonated with customers seeking flavorful and wholesome options.
- The franchise operates on a model centered around providing a consistent and delicious poke bowl, built by customers from a selection of premium proteins, fresh vegetables, and flavorful sauces. This approach allows for a personalized meal that caters to individual preferences, ensuring customer satisfaction.
- Island Fin Poke participates in the fast-casual dining sector, an industry characterized by its growth and consumer demand for convenient, made-to-order meals. The business taps into this trend by offering a nutritious and adaptable menu that appeals to a broad demographic.
Franchise Fee and Costs to Open
Exploring the financial picture of Island Fin Poke gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $283,550 - $449,500, along with a franchise fee of $49,500 - $49,500.
Financial Performance and Revenue
Yearly gross sales of $470,627 and estimated earnings of $56,476 - $70,595 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.3-8.3 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Island Fin Poke provides comprehensive training and resources for new franchisees. Initial training, lasting two weeks, takes place at their corporate headquarters. Island Fin Poke offers operational guidance, marketing support, and product knowledge. They provide access to a manual covering all aspects of running an Island Fin Poke location. Resources include a grand opening plan and ongoing operational consultation.
Legal Considerations
Legal considerations for a Island Fin Poke franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
A franchisee might consider the dynamic local market, assessing existing seafood and fast-casual establishments. Navigating the intricacies of sourcing fresh, specific ingredients while maintaining consistency across a diverse menu presents an operational consideration. Furthermore, building a reliable network for the required protein and produce supplies is a factor in consistent business flow.
Franchise Datasheet
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