Franchise Deep Dive: Island Fin Poké Franchise Costs, Fees, Profit and Data

Island Fin Poké was named a “Game Changer” by Franchise Dictionary Magazine as a result of its explosive franchise expansion in the seven years since its inception.

By Jeff DwyerStaff Writer

Updated 8:08AM • 02/20/24

LAST UPDATED: December 2023
FRANCHISE WEBSITE: https://www.islandfinpoke.com/franchise/
NUMBER OF LOCATIONS: 28+
REPORTED COST TO GET IN: $283,550 to $449,500
REPORTED ROI (Item 19): N/A

Island Fin Poké is a Florida-based, fast-casual restaurant concept known for its Hawaiian-style build-your-own poké bowls, which feature homemade sauces, toppings and a variety of fresh ingredients.

Island Fin Poké was founded in 2016 by Mark Setterington, a longtime entrepreneur who has owned various restaurants across Las Vegas, Nevada and Southern California. Setterington opened the first location in Winter Springs, Florida in 2017 and quickly began franchising, with the brand’s first franchised location opening in 2019.

As a result of its offerings and expansion, Island Fin Poké was honored in Fast Casual’s “2022 Movers & Shakers List” and was also recognized as a 2022 top “100 Game Changer” by Franchise Dictionary Magazine.

How Many Island Fin Poké Locations Are There?

As of December 2023, there are more than 28 open Island Fin Poké locations and even more in development.

What Is Island Fin Poké’s Business Model?

Island Fin Poké’s business model is focused on offering fresh, high-quality, Hawaiian-inspired poke bowls to consumers in a comfortable and convenient environment. The brand also allows guests to enjoy a personalized experience every visit.

Island Fin Poké boasts that franchisees can enjoy low overhead, as it has strategically created a “small, uncluttered yet cohesive restaurant design.” Each of its locations are intentionally designed to require a low investment and typically range in size from 900 to 1,500 square feet. The restaurant’s smaller kitchens allow franchisees to allocate a higher percentage of the space for guest usage.

The brand currently offers two different types of franchise opportunities, including its single-unit franchises or an area-development franchise, for entrepreneurs who wish to lock down a larger territory.

Island Fin Poké lists the following benefits for operating one of its franchises:

Recession Resistant
Simple, Scalable Business Model
No Kitchen, No Cooking, No Chef
Small Footprint
Low Investment
High Margins
Limited Labor Needed
Healthy Food Option
Unlimited Opportunities For Growth

How Much Can Island Fin Poké Franchise Owners Make?

Island Fin Poké does not have a publicly available Item 19. To learn more, contact the team about reading the Franchise Disclosure Document (FDD), which will state the total earnings of any company or franchise-owned unit as a reference.

How Much Does It Cost To Open an Island Fin Poké Franchise?

As of the publishing of this story, the initial investment required to open an Island Fin Poke franchise ranges from $283,550 to $449,500. This investment is broken down into the following costs:

Initial Franchise Fee: $49,500
Training Expenses: $1,600 to $2,400
Premises Deposits: $5,000 to $18,000
Design and Architect Fees: $4,000 to $12,000
Leasehold Improvements, Construction and/or Remodeling: $120,000 to $220,000
Furniture and Fixtures: $15,000 to $20,000
Exterior Signage: $3,500 to $7,000
Business Licenses and Permits: $1,500 to $2,500
Computer Systems: $1,500 to $3,000
Initial Inventory to Begin Operating: $5,000 to $7,000
Equipment: $25,000 to $40,000
Professional Fees: $750 to $1,500
Grand Opening Advertising: $10,000
Insurance: $1,200 to $1,600
Operating Expenses/Additional Funds (3 Months): $40,000 to $55,000

What Is the Franchise Fee for Island Fin Poké?

The initial franchise fee required to open an Island Fin Poke franchise is $49,500. Franchise owners are also required to pay an ongoing royalty fee of 6% and an ad fee of 1.5%.

Who’s On the Island Fin Poké Leadership Team?

What Helpful Articles Can I Read to Learn More About Island Fin Poké?

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