Coconut's Fish Cafe vs Bailey Seafood Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Coconut's Fish Cafe vs Bailey Seafood including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Coconut's Fish Cafe Franchise
Bailey Seafood Franchise
Investment $412,750 - $808,750$226,000 - $382,000
Franchise Fee $60,000$35,000
Royalty Fee 7%5%
Advertising Fee 1%-
Year Founded 20091989
Year Franchised 20132019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Coconut's Fish Cafe Franchise
Bailey Seafood Franchise
Experience --

Financing Options
 
Coconut's Fish Cafe Franchise
Bailey Seafood Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Coconut's Fish Cafe Franchise
Bailey Seafood Franchise
Training Additional Training: At existing franchise store Bailey Fish & Seafood offers a comprehensive and hands on training program in order to ensure that franchisees are 100% equipped with the knowledge, skills and expertise to successfully operate their own center. Our multi-phase training includes hours of hands on training at one of our already established locations in addition to many hours of ongoing support at your newly established location. On-The-Job Training: 20 hours Classroom Training: 14 hours
Support Grand Opening Online Support Field Operations Grand Opening Site Selection
Marketing -Social media
Operations Absentee Ownership Allowed Number of Employees Required to Run: 15 - 30-

Expansion Plans
 
Coconut's Fish Cafe Franchise
Bailey Seafood Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

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 Bailey Seafood

Bailey Seafood was founded in 1985 out of a passion for fresh seafood.  Started out with only one employee, the market quickly grew after customers from the neighborhood realized they can purchase the freshest seafood in Buffalo without having to travel far.  Through a lot of hard work and word of mouth, Bailey Seafood quickly anchored itself as one of the best places to get a fast and fresh fish dinner in Buffalo.
Bailey’s Fish & Seafood provides you an opportunity to partner with an industry leader whose sales grow more and more annually. Our concept is unlike any other. We have geared our company to provide you with knowledge, support and training that will allow you to effectively meet and surpass any consumer expectations.

Offerings

We offer two different types of franchise opportunities. You can choose to own a single unit franchise which allows you to operate your own Bailey Fish & Seafood in a protected territory of your choice. We also offer area development Franchises for those looking to lock down a
larger territory and slowly build a series of Bailey Fish & Seafood locations/territories.