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Updated RecentlyCoconut'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 |
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| 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 | 2009 | 2011 |
| Year Franchised | 2013 | 2015 |
| 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 | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
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 | - | 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.