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Below is an in-depth analysis and side-by-side comparison of Coconut's Fish Cafe vs Halibut House - Fish & Chips including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $412,750 - $808,750 | $450,000 - $550,000 |
Franchise Fee | $60,000 | $25,000 |
Royalty Fee | 7% | $2500 |
Advertising Fee | 1% | 2% |
Year Founded | 2009 | 1996 |
Year Franchised | 2013 | 2000 |
Term Of Agreement | - | 10 |
Term Of Agreement | - | 10 |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Training provided Business background is a plus. Quality restaurant experience would be add on |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/- |
Equipment | -/- | Yes/- |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Additional Training: At existing franchise store | 30 days In house training provided. |
Support | Grand Opening Online Support Field Operations | 30 days in house support included |
Marketing | - | - |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 30 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | Yes |
International Expansion | - | - |
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.