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Below is an in-depth analysis and side-by-side comparison of The Ground Pat'i Grille & Bar vs LemonShark Poke including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $359,800 - $1,600,000 | $341,950 - $866,400 |
Franchise Fee | $22,000 - $35,000 | $40,000 |
Royalty Fee | 4% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1971 | 2016 |
Year Franchised | 1975 | 2017 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 112 hours Classroom Training: 36 hours |
Support | Meetings, Grand opening, Field operations/evaluations | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | Co-op advertising | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Franchise can be run from home. 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 80 - 160
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 3 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | Yes |
NOT A FRANCHISE
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.