Start a Aloha Poke Co. Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $141K - $426K

Units as of 2023: 18 28.6% over 3 years

Aloha Poke Co. is proud to serve superfoods using fresh, mostly raw, and natural ingredients to blend tasty and unique flavors. The company started with its first two restaurants opening in 2016.

Today under the leadership of Chris Birkinshaw, Aloha Poke Co. has expanded to more than a dozen outlets in various states. Aloha Poke, Co. serves Asian foods, seafood, and other products. It began franchising in 2019.

Why You May Want to Start an Aloha Poke Co. Franchise

Aloha Poke Co. follows a set of company values, including honesty, integrity, respect, and collaboration. Aloha Poke Co. seeks to grow its brand with bold individuals looking to diversify their portfolio. Utilizing solid marketing and customer service skills while also having a passion for good food is important for an Aloha Poke Co. franchisee. Prior experience in business management or ownership is an added advantage.

Opening an Aloha Poke Co. franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

What Might Make Aloha Poke Co. Franchise a Good Choice?

With many people going for healthier foods, Aloha Poke Co. provides chef-inspired and sourced house creations with gluten-free, vegan, paleo, and vegetarian options, including Patagonian salmon raised without antibiotics, line-caught wild ahi tuna, shrimp, and tofu. Additionally, the restaurant combines multiple variations to the customer's preference, known as Park Your Own Bowl (P.Y.O.B). The sustainable food idea offers business opportunities for entrepreneurs looking to venture into the fast-casual business.

Absentee ownership with Aloha Poke Co. is not allowed; a potential franchisee will carry out the restaurant's daily operations and employ professionals.

To be part of the Aloha Poke Co. team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open an Aloha Poke Co. Franchise

If you are approved to be a qualified Aloha Poke Co. franchisee, the company's regional consultants will provide ongoing training, customer service programs, and support before, after, and during the operation of the franchise.

As you decide if opening an Aloha Poke Co. franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if the Aloha Poke Co. franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

As part of your due diligence, you may want to speak to existing franchisees and ask the Aloha Poke Co. franchising team questions. A typical franchise agreement runs for ten years. Franchisees will be allowed to renew their agreement if they meet the Aloha Poke Co. requirements.

Company Overview

About Aloha Poke Co.

Industry	Food
Related Categories	Poke, Asian Food, Seafood
Founded	2016
Parent Company	Aloha Poke Franchising LLC
Leadership	Chris Birkinshaw, CEO
Corporate Address	445 W. Erie St., #200 Chicago, IL 60654
Social	Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since	2019 (5 years)
# of employees at HQ	10
Where seeking	This company is offering new franchises in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, West Virginia, Wyoming
# of Units	18 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Aloha Poke Co. franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$35,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$140,900 - $425,930
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$500,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$125,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	5%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Aloha Poke Co. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	64 hours
Classroom Training	16 hours
Ongoing Support	Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Ad Templates Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	Yes
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes