- Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$342K - $866K
- Units as of 2020
20 400.0% over 3 years
LemonShark Poke is a franchise that serves locally made premium poke. The franchise’s main focus is to improve the general well-being of its customers by serving only the best meals made from high-quality ingredients.
Founded in 2016, LemonShark Poke is headquartered in Santa Monica, California, specializing in serving poke bowls, seafood, and healthy food. The string of restaurants is named after the Lemon Shark, a unique family that only preys on the best fish. Inspired by the fish, LemonShark Poke only uses healthy and mature fish to feed its customers.
Why You May Want to Start a LemonShark Poke Franchise
The mission of LemonShark Poke is to be a leader in the poke restaurant category in the franchise industry. If you are a premium fish lover, want to invest in the restaurant industry, or would like to create a world-class partnership network, becoming a LemonShark Poke franchisee may be an ideal option.
While you do not have to possess any restaurant experience, you do need to have strong business acumen in four key departments: sales/marketing, customer service, employee, and excellent financial management skills. You also need to be passionate about the brand as a whole.
Opening a LemonShark Poke 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 a LemonShark Poke Franchise a Good Choice?
LemonShark Poke believes it is more than a place where customers can treat themselves. It is a place where respect and empathy are guaranteed, and everyone feels at home. For franchisees, the franchise offers a protected territory backed by demographic research.
Given that location is a significant factor in determining the potential success of any restaurant, LemonShark Poke has founders with over 25 years worth of experience in lease negotiation to help you secure the best terms possible at suitable locations.
To be part of the LemonShark Poke franchise 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 a LemonShark Poke Franchise
Before opting to become a LemonShark Poke franchisee, you must research to ascertain that a LemonShark Poke Bowl restaurant will do well in your community. You should also come prepared with questions to ask the company or look for reviews from experienced franchisees. While competition is healthy, too much of it can inhibit the growth of your business.
If awarded a franchise, franchisees receive a great deal of support from the LemonShark brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. Potential LemonShark Poke franchisees may also receive hands-on training and continued support after their franchise location has opened.
About LemonShark Poke
|2017 (7 years)
|# of employees at HQ
This company is offering new franchises in the following US states:
This company is offering new franchises in the following international regions:
|# of Units
|20 (as of 2020)
Information for Franchisees
Here's what you need to know if you're interested in opening a LemonShark Poke 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
|$341,950 - $866,400
Net Worth Requirement
|$30,000 - $50,000
|15% off franchise fee
Ad Royalty Fee
Term of Agreement
|Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
|Third Party Financing
|LemonShark Poke has relationships with third-party sources which offer financing to cover the following: 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.
Meetings & Conventions
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
|Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
|# of employees required to run
Are exclusive territories available?
Are you eager to see what else is out there? Browse franchises that are similar to LemonShark Poke.
- Senior transition and relocation, online auctions, and estate liquidation management
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
The global initiative offers a suite of tools for business travel booking and management, coupled with Hilton Honors benefits for SME's and their employees worldwide.
Explore how franchisors can effectively use video marketing to connect with both business partners and customers and why many are missing out on this opportunity.
Wendy's Ushers in New Leadership as The Strategy to Propel The Fast Food Giant Into Its Next Growth Phase Continues
Learn about the strategic vision behind appointing a seasoned industry leader to steer Wendy's toward future growth in the highly competitive fast-food industry.
Burger King Is Upping its Rebrand Strategy With a $1 Billion Acquisition. These Franchise Resets Could Tell Us About the Fast Food Giant's Chances of Succeeding.
Discover the details behind RBI's strategic acquisition of Carrols Restaurant Group, a move that represents a significant step in a broader campaign to rejuvenate the Burger King brand, and compare it to past major franchise rebrands.
Perfect market timing is difficult to pull off, but excellent preparation and building a valuable business in the first place is much more under your control.
This move marks a significant step for Inspire Brands, which has previously focused on domestic growth and acquisitions within the U.S.