Coconut's Fish Cafe vs Bubba Gump Shrimp Co. Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Coconut's Fish Cafe vs Bubba Gump Shrimp Co. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$412,750 - $808,750 | $2,500,000 |
Franchise Fee |
$60,000 | N/A |
Royalty Fee |
7% | - |
Advertising Fee |
1% | - |
Year Founded |
2009 | 1996 |
Year Franchised |
2013 | 0 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop
- Have the necessary infrastructure to support the concept and its development
- Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition
- Culturally aligned with Landry's Inc.
|
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
Additional Training: At existing franchise store
| - Training programs for all management positions
- Training programs for all hourly positions
- Training program implementation at your location
- Ongoing Training support
|
Support |
Grand Opening
Online Support
Field Operations
| After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations.
In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. |
Marketing |
- | - |
Operations |
Absentee Ownership Allowed
Number of Employees Required to Run: 15 - 30 | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
- | - |
International Expansion |
- | - |
Company Overviews
About Coconut's Fish Cafe
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.
About Bubba Gump Shrimp Co.
Bubba Gump Shrimp Co. is a small chain of seafood restaurants committed to providing a casual environment where everyone can enjoy a great meal and have some fun too.
Capturing the magic that made "Forrest Gump" an American classic, Bubba
Gump Shrimp Co. serves scratch-made, southern-style comfort dishes
plucked straight off the silver screen -" we’re talking sautéed shrimp,
fried shrimp, coconut shrimp, shrimp scampi...(shall we go on?),
alongside award-winning baby back ribs, burgers, salads and more in a
fun and energetic atmosphere.
The first Bubba Gump Shrimp Co. Restaurant and Market opened in 1996 on Cannery Row in Monterey, California.
Landry's, Inc., the parent company, offers international franchise opportunities for qualified organizations. This is your opportunity to form a strategic partnership with one of America's largest and fastest growing casual dining and entertainment companies.
Landry's offers international franchise opportunities only. Franchise opportunities are not available within the United States or its territories (Guam, Puerto Rico, U.S. Virgin Islands, America Samoa, and Marianas Islands). Franchise opportunities are not available to U.S. citizens or U.S. residents.
For our concepts to be successful, they must meet the needs of your customers. We will work with you in customizing the brand for your market.
Franchise Fee to be determined for each location. In addition to the Franchise Fee, there may be a Development Fee, which is market specific and determined by the number of units you wish to open. We will meet with you to discuss franchise and development fees after you successfully complete the Initial Inquiry Form portion of the application process.
Royalty Fees
To be determined and may be influenced by the development scope of the agreement. We will meet with you to discuss royalty fees after you successfully complete the Initial Inquiry Form portion of the application process.
Construction Costs
These costs are concept and location specific. We will meet with you to discuss construction costs after you successfully complete the Initial Inquiry Form portion of the application process.
Management Training Costs
We require specific members of your management team to complete a 4-week training program at a qualified training location. You will be required to pay your managers' training expenses. These expenses include airfare, local transportation, accommodations, your managers' salary expenses, and translator services if required. We will meet with you to discuss management training costs after you successfully complete the Initial Inquiry Form portion of the application process.
Opening Employees' Training Costs
Our International Training Team will travel to your location and provide on-site training for non-management positions. Our training team will also implement in-house employee training programs. You are required to pay for this Training Team support. The major cost components are airfare, local transportation, accommodations, salaries and per diem expenses of the Training Team, and translator services if required. We will meet with you to discuss opening employee training costs after you successfully complete the Initial Inquiry Form portion of the application process.