Start-Up Costs and Fees |
||
| Coconut's Fish Cafe | The Juicy Crab | |
| Investment | 412750 - 808750 | 613500 - 1106500 |
| Franchise Fee | ||
| Royalty Fee | 7% | 3% going to 4% |
| Advertising Fee | 1% | 1%local+1%Nat'l |
| Year Founded | 2009 | 2015 |
| Year Franchised | 2013 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Coconut's Fish Cafe | The Juicy Crab | |
| Experience | ||
Financing Options |
||
| Coconut's Fish Cafe | The Juicy Crab | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Coconut's Fish Cafe | The Juicy Crab | |
| Training | Additional Training: At existing franchise store | GM gets 16 hours Classroom training and 46 days on the job training in our corporate training location. Other following mangers : ASST MGR. FOH MGR. BOF MGR gets 16 hours classroom training and 24 days of on the job training in our corporate training location. A team of trainers for a week in support of the Grand Opening. |
| Support | Grand Opening Online Support Field Operations | |
| Marketing | ||
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 30 | OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS You must designate one person who owns at least 10% of your equity interests as your “Operating Partner.-- The Operating Partner must serve as the general manager of the restaurant, operate it on a day-to-day basis and have the authority to bind you to obligations relating to the Franchise Agreement. The restaurant must be under the direct, on-premises supervision of a fully-trained manager or a fully-trained assistant manager selected by you and approved by us. We do not require that the Operating Partner or other persons who directly or indirectly own an ownership interest in your entity (an “Owner--) provide direct on-premises supervision. |
Expansion Plans |
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| Coconut's Fish Cafe | The Juicy Crab | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Franchise Fee | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Royalty Fee | |
| Coconut's Fish Cafe | 7% |
| The Juicy Crab | 3% going to 4% |
| Advertising Fee | |
| Coconut's Fish Cafe | 1% |
| The Juicy Crab | 1%local+1%Nat'l |
| Year Founded | |
| Coconut's Fish Cafe | 2009 |
| The Juicy Crab | 2015 |
| Year Franchised | |
| Coconut's Fish Cafe | 2013 |
| The Juicy Crab | 2017 |
| Term Of Agreement | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Renewal Fee | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
Business Experience Requirements |
|
| Experience | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
Financing Options |
|
| Franchise Fees | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Start-up Costs | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Equipment | |
| Coconut's Fish Cafe} | |
| The Juicy Crab | |
| Inventory | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Receivables | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Payroll | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
Training & Support |
|
| Training | |
| Coconut's Fish Cafe | Additional Training: At existing franchise store |
| The Juicy Crab | GM gets 16 hours Classroom training and 46 days on the job training in our corporate training location. Other following mangers : ASST MGR. FOH MGR. BOF MGR gets 16 hours classroom training and 24 days of on the job training in our corporate training location. A team of trainers for a week in support of the Grand Opening. |
| Support | |
| Coconut's Fish Cafe | Grand Opening Online Support Field Operations |
| The Juicy Crab | |
| Marketing | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| Operations | |
| Coconut's Fish Cafe | Absentee Ownership Allowed Number of Employees Required to Run: 15 - 30 |
| The Juicy Crab | OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS You must designate one person who owns at least 10% of your equity interests as your “Operating Partner.-- The Operating Partner must serve as the general manager of the restaurant, operate it on a day-to-day basis and have the authority to bind you to obligations relating to the Franchise Agreement. The restaurant must be under the direct, on-premises supervision of a fully-trained manager or a fully-trained assistant manager selected by you and approved by us. We do not require that the Operating Partner or other persons who directly or indirectly own an ownership interest in your entity (an “Owner--) provide direct on-premises supervision. |
Expansion Plans |
|
| US Expansion | |
| Coconut's Fish Cafe | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| The Juicy Crab | Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee |
| Canada Expansion | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |
| International Expansion | |
| Coconut's Fish Cafe | |
| The Juicy Crab | |