Start a Fish Bone Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $167K - $299K

Units as of 2020: 1 0.0% over 3 years

Company Overview

About Fish Bone

Industry	Food
Related Categories	Miscellaneous Quick-Service Restaurants, Seafood
Founded	2017
Leadership	William Conley, CEO
Corporate Address	17412 Venture Blvd., #424 Encino, CA 91316

Business Overview

Franchising Since	2019 (5 years)
# of Units	1 (as of 2020)

Information for Franchisees

Here's what you need to know if you're interested in opening a Fish Bone 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.	$29,900
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.	$166,900 - $298,900
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.	$29,900
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$29,900
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%
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	Fish Bone 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	168 hours
Classroom Training	109 hours
Ongoing Support	Grand Opening Site Selection
Marketing Support	Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
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

Take our quick quiz to find your ideal franchise

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Fish Bone.

Travelin' Tom's Coffee

description: Coffee and beverages

Request Info

Angry Crab Shack

description: Seafood boil restaurants

Request Info

ClaimTek Systems

description: Medical billing and practice management solutions

Request Info

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

Taco Bell Is Testing a Coffeehouse-Style Concept With Cold Brew and Aqua Fresca — But Only in These Locations

The Live Más Café provides customers with an elevated experience and menu.

By Carl Stoffers

Franchise

These Are the Top New and Emerging Franchises of 2024 — And You Can Start One for Less Than $5,000

We evaluated new and emerging brands based on the same rigorous criteria used in the Franchise 500 process, analyzing more than 150 data points.

By Carl Stoffers

Franchise

Discover the Low-Risk, High Reward of Owning this Property Restoration Franchise

PuroClean offers multiple revenue streams with services related to water, fire, smoke, mold and biohazard damage.

By Matthew Goldstein

Franchise

McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback

The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.

By Carl Stoffers

Franchise

Ready to Own a Business? Check Out These 15 Franchises You Can Start For Under $25K

Looking for an inexpensive franchise to open? Explore the best franchises under $25k, according to the 2024 Franchise 500 Ranking.

By Clarissa Buch Zilberman

Franchise

Why Opening a Second Location Requires a Fresh Strategy (Even If Your First Was a Hit)

Here are some key points to consider before adding another location to your burgeoning multi-unit brand.

By Derrick Ableman, CFE

See more franchise content

Disclaimer

The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.

Updated: December 12th, 2022

For reprints and licensing questions, click here.

Update Your Listing | Submit New Listing

Fish Bone

Company Overview

About Fish Bone

Business Overview

Information for Franchisees

Financial Requirements & Ongoing Fees

Financing Options

Training & Support Offered

Operations

Sign Up for Our Franchise Newsletter

Related Franchises

Related Franchise Content