Island Fin Poke
Bottom line
- Total investment $274K – $440K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $531K/year (median $487K).
- Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 41 loans (below the industry average).
- No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Island Fin Poke unit return on the cash you put in?
Unlevered ROIC · per unit
21%
Below typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Island Fin Poke units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$955K
on $4.8M purchase
Total debt
$3.8M
SBA $2.4M + senior + seller note
Overview
About
Island Fin Poke franchisees operate fast-casual poke bowl restaurants, managing daily food preparation, inventory, staffing, and point-of-sale operations. Franchisees source fresh fish and bowl ingredients, train staff on preparation standards, and handle customer service and marketing within their local market. Operations require knowledge of fresh seafood handling, food safety compliance, and quick-service restaurant management.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 26 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Contracting franchise system with unverifiable unit economics, no territorial protection, and aggressive fee structure creates significant risk of negative cash flow and poor ROI.
Score breakdown · what drove the 54 / 100 rating
- 01MEDUnit count declined 8.3% YoY (25 units) — indicates shrinking system and potential franchisee struggles
- 02MEDNet income not disclosed — impossible to assess actual profitability despite $530K avg revenue claim
- 03MINORNo protected territory — direct competition from other franchisees and non-franchised poke competitors
- 04MINORHigh investment-to-revenue ratio — $274K-$440K investment against $530K avg revenue means thin margins and long payback period
- 05MINOR5% royalty on gross revenue — aggressive given likely 25-35% food cost and 30%+ labor costs in QSR
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
53 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Island Fin Poke · FDD (2024) PDF