Coconut's Fish Cafe vs Lobster Joint Franchise Comparison

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

Start-Up Costs and Fees

 
Coconut's Fish Cafe Franchise
Lobster Joint Franchise
Investment $412,750 - $808,750$695,600 - $996,400
Franchise Fee $60,000$40,000
Royalty Fee 7%6%
Advertising Fee 1%0.5%
Year Founded 20092011
Year Franchised 20132015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Coconut's Fish Cafe Franchise
Lobster Joint Franchise
Experience --

Financing Options

 
Coconut's Fish Cafe Franchise
Lobster Joint Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support

 
Coconut's Fish Cafe Franchise
Lobster Joint Franchise
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

 
Coconut's Fish Cafe Franchise
Lobster Joint 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 Lobster Joint

Lobster Joint serves up only the best classic New England comfort food and more.
We're looking for entrepreneurs who wish to be owners of a proven franchise model.