Uncle Sharkii Poke Bar serves fresh, seafood poke bowls with a variety of ingredients. The franchise offers customizable bowls with high-quality, fresh ingredients in a fast-casual setting.
Key Insights
- Uncle Sharkii Poke Bar began with a vision to bring vibrant, customizable poke bowls to communities, growing from a single location to a nationwide presence built on fresh ingredients and a commitment to customer experience, establishing a strong foundation for expansion.
- The franchise operates on a fast-casual model, allowing guests to build their own poke creations from a selection of proteins, vegetables, sauces, and toppings, ensuring a personalized and convenient dining experience that caters to diverse tastes and dietary needs.
- The business is situated within the rapidly expanding fast-casual dining sector, specifically focusing on the popular and health-conscious poke market, an area experiencing sustained growth and consumer demand for fresh, customizable meal options.
Franchise Fee and Costs to Open
Exploring the financial picture of Uncle Sharkii Poke Bar 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 $110,000 - $349,500, along with a franchise fee of $10,000 - $10,000.
Financial Performance and Revenue
Yearly gross sales of $96,374 and estimated earnings of $11,565 - $14,457 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 18.2-20.2 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
Uncle Sharkii Poke Bar provides comprehensive initial training for new franchisees. This program is offered over two weeks and takes place at the franchisor's headquarters. Franchisees receive guidance on operational procedures, branding, and customer service. Uncle Sharkii Poke Bar also offers access to a robust library of marketing materials and operational resources to support franchisees.
Legal Considerations
Legal considerations for a Uncle Sharkii Poke Bar 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
Operating an Uncle Sharkii Poke Bar franchise presents considerations regarding navigating a local market with established poke and sushi competitors. Managing the day-to-day operations requires attention to detail in ingredient freshness, food preparation consistency, and customer service efficiency. Reliance on a specific supply chain for key ingredients, such as high-quality fish, is also a factor that influences product availability and cost.
Franchise Datasheet
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