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Below is an in-depth analysis and side-by-side comparison of Tony Roma's vs Coconut's Fish Cafe including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $2,182,500 - $3,580,000 | $412,750 - $808,750 |
Franchise Fee | $30,000 | $60,000 |
Royalty Fee | 4% of net sales | 7% |
Advertising Fee | 1/2% of net sales for Domestic & 1/4% of net sales for International | 1% |
Year Founded | 1972 | 2009 |
Year Franchised | 1979 | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Additional Training: At existing franchise store |
Support | - | Grand Opening Online Support Field Operations |
Marketing | - | - |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 30 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Tony Roma's is a full service, casual dining restaurant where you can find premier ribs and steaks in locations across the world. With over 150 restaurant locations on six continents, Tony Roma's is one of the most recognized brand names in the world! From Miami to Los Angeles, Orlando to Edmonton, and Tokyo to Madrid, Tony Roma's serves its signature ribs, world famous onion loaf, and other steak, chicken and seafood entrees to thousands of guests every day. Development of Tony Roma's is continuing in new and existing markets around the world. - Worldwide superior brand name recognition.
- Restaurants in over 33 countries
- Franchise focused senior management and disciplines
- Innovative menu
- Casually sophisticated ambiance
- Globally experienced and successful management team
- Parent company has no debt and healthy cash reserves
- Parent company has no pending or current litigation
If you are interested in a terrific franchise opportunity and have a desire to open your own Tony Roma's Restaurant, here is your chance!
Michael Phillips, a successful entrepreneur several times over in the restaurant industry, founded Coconut's Fish Cafe (Coconut's) in 2009 in Kihei, Hawaii on the island of Maui. Retired in Hawaii yet seeking a restaurant offering fresh foods and outstanding service, Phillips started Coconut's to enjoy great-tasting meals with his neighbors in Kihei. Today, Coconut's is revolutionizing the fast casual restaurant sector with its fresh, healthy and affordable menu options, featuring wild-caught fish and a wide selection of fresh, authentic Hawaiian ingredients. Currently with its flagship in Hawaii and corporate headquarters in Nevada, the restaurant concept is expanding across the country through a focused franchising initiative.