
#402
At a Glance
Products & Services: Caribbean-style restaurant
Number of Locations: 121
Total Investment: $173.4K - 564K
Founded: 1989
Began Franchising: 1996
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 117 | 0 | 0 | 4 |
| 2010 | 115 | 0 | 0 | 2 |
| 2009 | 115 | 0 | 0 | 6 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, Northeast, New Hampshire, New Jersey, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Southeast, Tennessee, Texas, Utah, Virginia, Vermont, West, Wyoming.
Franchisor is seeking new units in Canada, Eastern Europe.
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, Northeast, New Hampshire, New Jersey, Nevada, New York, Ohio, Oklahoma, Pennsylvania, South Carolina, Southeast, Tennessee, Texas, Utah, Virginia, Vermont, West, Wyoming.
Franchisor is seeking new units in Canada, Eastern Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $173,400 - $564,000
Franchise Fee: $15,000 - $25,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $15,000 - $25,000
Ongoing Royalty Fee: 3%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000 - $500,000
Liquid Cash Available: $120,000 - $150,000
Operations
25% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 8 - 8. Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week+. At franchisee's location: 1 week+. At designated operating store : 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Radio, TV, newspapers, magazines, billboards