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Below is an in-depth analysis and side-by-side comparison of Boneheads 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 | $387,000 - $668,000 | $412,750 - $808,750 |
Franchise Fee | $25,000 | $60,000 |
Royalty Fee | 5% | 7% |
Advertising Fee | 2% | 1% |
Year Founded | 2005 | 2009 |
Year Franchised | 2005 | 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 | - | - |
International Expansion | - | - |
Wanted: Ambition that verges on insanity. You're the type of person who doesn't stop climbing just because you're on an escalator. You never hit rush hour because normal business hours don't apply to you. "Good enough" simply isn't good enough. Your goals change constantly because you always exceed them. Put simply, you're just what we're looking for. Apply your drive to owning your own Boneheads franchise. The team at Boneheads is committed to getting stuff done and we provide franchise partners with tools and support to make that happen. If you're ready to begin the Boneheads evangelical revolution in your neighborhood, we want to talk to you. Go ahead and fill out the preliminary application profile. We Offer: Quality, innovation, experience, passion and a support system that includes: * Great real estate (landlords call us first) including some Hot Locations * Multiple concepts * Project management * Financing available * Purchasing power across multiple concepts * Complete training * Operations expertise and ongoing support
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.