| ||||
Updated RecentlyPhillips Seafood vs LemonShark Poke Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Phillips Seafood vs LemonShark Poke including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $1,000,000 - $5,000,000 | $341,950 - $866,400 |
| Franchise Fee | $25,000 - $40,000 | $40,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | - | 2016 |
| Year Franchised | - | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | * Multiple restaurant/or hospitality experience * Existing infrastructure to develop operations and expansion * Solid capitalization to meet an endorsed development plan * Appropriate experience in the desired market or venue * Commitment to timely development * Passion to safeguard a Heritage brand of almost 100 years | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | On-The-Job Training: 112 hours Classroom Training: 36 hours |
| Support | - | Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 3 |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Phillips Seafood
Since 1914, Phillips has set the highest standards in the seafood industry. Known for our leadership and a commitment to protecting our natural resources, Phillips has obtained international recognition for our high volume, award-wining restaurants and quality Phillips brand retail products. An overnight success, four generations in the making, Phillips is continuing this focused growth with the launch of our franchising division. This new unit, having demonstrated compelling successes in airports, motorways, NFL stadiums, specialty locations and hotel venues is positioned for growth through relationships with highly qualified strategic partners that have a proven history of successful business operations. As a Phillips Strategic Partner, you will benefit not just from the tremendous recognition of the Phillips name, but our experience in creating and managing successful restaurant operations, a world class culinary R & D team and our proven operational expertise. Our franchise program has the versatility that enables you to diversify your franchise portfolio while leveraging your existing overhead. Innovation and tradition are the driving forces behind our brand. From quick service and grab & go operations, to our casual concept, through our fine dining restaurant, Phillips concepts are just as appealing and versatile as the seafood products we offer.
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.
Veteran discount 15% off franchise fee