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Updated RecentlyThe Hummus & Pita Co. vs Island Fin Poke Company Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Hummus & Pita Co. vs Island Fin Poke Company including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $278,400 - $780,500 | $194,950 - $355,600 |
| Franchise Fee | $40,000 | $40,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1% | 1.5% |
| Year Founded | 2011 | 2017 |
| Year Franchised | 2017 | 2018 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $7500 | - |
Business Experience Requirements |
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| Experience | One million liquidity. Must have owned and operated at least one brand for at least 5 years. | - |
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 | Training & operation materials and manuals. methods, formats, specifications, standards, systems, procedures, food preparation techniques, sales and marketing techniques, knowledge, and experience used in developing and operating The Hummus & Pita Co. Restaurants. Marketing, promotional and advertising research and programs for The Hummus & Pita Co. Restaurants. Knowledge of specifications for and suppliers of Operating Assets, Proprietary Products, and other products and supplies, including supplier pricing and related terms. We provide MLS system power by Wisetail - The Hummus Hub. | - |
| Support | We provide support for public relations, market research, and other advertising, promotion, and marketing activities. Marketing advertising, promotion, and marketing activities Employee training, employee HR | - |
| Marketing | Marketing advertising, promotion, and marketing activities | - |
| Operations | We give turnkey operations if wanted with relationship with all vendors and types. From payroll to inventory, POS to third party delivery, etc. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | Yes | - |
| International Expansion | - | Yes |
Company Overviews
About The Hummus & Pita Co.
!["The]("https://image.pitchbook.com/oQfZmGEpxQsc5dg5ASfNa2Rkhgp1588736945509_200x200")
The Hummus & Pita Co. is a New York City-based concept that brings healthy, homemade
Mediterranean cuisine to the masses in a comfortable and inviting environment. All menuitems are made-from-scratch on the premises, using only the freshest ingredients available
to ensure high-quality flavor-focused eats at every visit. The concept has been named one
of “13 New York Fast Casuals to Watch” and “11 Restaurant Franchises on the Cusp of
Greatness” by QSR Magazine, which also dubbed their signature Dessert Hummus one of
“America’s Most Innovative Menu Items.” The Hummus & Pita Co. currently operates six
locations in New York City, Brookfield, CT, Holmdel, NJ, and Auburn Hills, MI, with additional
units in development in Los Angeles, CA, Atlanta, GA, Columbus, OH, and Alabama.
The Hummus & Pita Co. is currently looking for experienced multi-unit foodservice operators
to develop franchise territories in major markets.
About Island Fin Poke Company
!["Island]("https://fddexchange.com/wp-content/uploads/2019/12/Island-Fin-Poke-Company-300x145.png")
Island Fin Poke Company was established in 2016 by Mark and Paul who had a dream to create a quick casual restaurant
that serves incredible Hawaiian style poke in a cool casual environment and transports you from every day to a surf shack on the beach.
From their homemade sauces, 25 toppings & sustainably sourced fish you will be tasting the flavors of the islands.
The total investment necessary to begin operation of an Island Fin Poke
Company franchised business ranges from $194,950 to $355,600. This
includes $40,000 which must be paid to the franchisor or an affiliate.
The total investment necessary to begin operations under an Area
Development Agreement for three,six or ten outlets ranges from $264,950
to $615,600. This includes $110,000 to $300,000 that must be paid to the
franchisor or an affiliate.