Nathan's Famous vs LemonShark Poke Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Nathan's Famous vs LemonShark Poke including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Nathan's Famous Franchise
LemonShark Poke Franchise
Investment $43,000 - $1,071,360$341,950 - $866,400
Franchise Fee $30,000$40,000
Royalty Fee 5.5%6%
Advertising Fee 2%2%
Year Founded 19162016
Year Franchised 19882017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of franchise fee-


Business Experience Requirements
 
Nathan's Famous Franchise
LemonShark Poke Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    Nathan's Famous Franchise
    LemonShark Poke Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs No/No-/-
    Equipment Yes/No-/-
    Inventory Yes/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Nathan's Famous Franchise
    LemonShark Poke Franchise
    Training - On-The-Job Training: 112 hours Classroom Training: 36 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluationsNewsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software
    Marketing Co-op advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations 60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 14

    Absentee ownership of franchise is allowed. (65% of current franchisees are owner/operators)

    		 Absentee Ownership Allowed Number of Employees Required to Run: 2 - 3

    Expansion Plans
     
    Nathan's Famous Franchise
    LemonShark Poke Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Nathan's Famous

    Franchising is a business concept that allows qualified investors to become part of an established, existing “system.” A good way to look at franchising is, you’re in business for yourself, but not by yourself. Strategically, this provides many benefits under a brand name that has consumer awareness and equity.
    Nathan’s has taken this basic premise and redefined it to exceed the most stringent business criteria of today’s investor.

    Nathan’s offers a wide range of restaurant designs and customized equipment, thereby offering business opportunities to qualified candidates regardless of space constraints or investment limitations.

    The estimated initial investment for a BMP Operation ranges from $43,000 to $86,300, including an initial license fee of $7,500. If you want to add an “Arthur Treacher’s” BMP Operation to your new or existing food service establishment, the additional estimated initial investment will be from $34,404 to $81,486, including an initial license fee of $7,500.

    "Top
    #78 in Gator's Top franchises
    #286 in Franchise 500 for 2020.


    About LemonShark Poke

    Lemon Shark Poké began as a collaboration between two lifelong friends Tobi Miller and Richard Gottlieb. The duo has been immersed in Hawaiian culture for nearly four decades, having gone on annual family trips together to the islands while growing up. It was during these vacations that they first encountered Hawaiian cuisine at age 11, and immediately developed a passion for the food and the people of Hawaii.

    After running their own separate restaurant ventures for several years, they decided to bring their original love - Hawaiian cuisine - to the mainland. In doing so, they consulted with Hawaiian native chef, Brunson Achiu (who has brought Regional Hawaiian Cuisine to the mainland) to develop LemonShark Poke’s unique and innovative menu.

    The first two restaurants opened in Redlands and San Bernadino, CA in 2016 to rave reviews and huge success. Yelp ratings are averaging high results.
     LemonShark Poke awarded 26 franchises in the first two months of franchising: San Diego, CA; Los Angeles, CA; NYC, NY; Chicago, IL; Austin and Dallas TX; and Orlando, FL. We are staffed for rapid growth with over 50+ corporate employees already in place from the franchise restaurant industry, and real estate professionals on staff to assist you to find only the very best locations.

    Veteran discount   15% off franchise fee