Island Fin PokeFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Island Fin Poke franchise requires a total initial investment of $274K – $440K, including a $40K franchise fee and an ongoing 5.0% royalty[2]. Per the 2024 FDD, average unit revenue was $531K[2]. SBA 7(a) loans show a 0.0% charge-off rate across 21 loans[1]. Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $274K – $440K
- 16th pct Service Resta…
- Avg gross sales
- $531K
- 2nd pct Service Resta…
- Royalty
- 5.0%
- 7th pct Service Resta…
- Units
- 25
- 30th pct Service Resta…
- SBA default
- 0.0%
- system-wide median varies by category
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = >15% above Full-Service Restaurants avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Only 0.0% of 21 SBA loans charged off, well below the 16% franchise average.
The system contracted 8% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $274K – $440K including a $40K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $531K/year (median $487K).
- Verdict B (Above Average) with a risk score of 55/100. SBA loan charge-off rate of 0.0% across 21 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- 9 units terminated last reporting year (36.0% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- ISLAND FIN POKE FRANCHISING LLC
- CEO title
- Chief Executive Officer
- Mark Setterington
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- FL
- HQ
- 7004 Tavistock Lakes Boulevard, Suite 148, Orlando, Florida 32827
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.
- CEO
- Mark Setterington
- Headquarters
- FL
- Founded
- 2018
- FDD year
- 2024
- States available
- 10
FDD Item 7 · 2024 filing · 15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Fee | $40K | $40K | |
| Your Training Expenses (transportation, lodging, and meals) | $2K | $2K | |
| Premises deposits | $5K | $18K | |
| Design and Architect Fees | $4K | $12K | |
| Leasehold Improvements, Construction and/or Remodeling | $120K | $220K | |
| Furniture & Fixtures | $15K | $20K | |
| Exterior Signage | $4K | $7K | |
| Business Licenses and Permits | $2K | $3K | |
| Computer Systems | $2K | $3K | |
| Initial Inventory to Begin Operating | $5K | $7K | |
| Equipment | $25K | $40K | |
| Professional Fees | $750 | $2K | |
| Grand Opening Advertising | $10K | $10K | |
| Insurance | $1K | $2K | |
| Additional Funds - 3 months | $40K | $55K | |
| Total initial investment | $274K | $440K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$58K
11.0% margin
Unlevered ROIC
14%
EBITDA / total invested capital
Payback
6.9 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $274K – $440K
- Better than avg vs category
- Liquid capital req'd
- $40K – $55K
- Better than avg vs category
- Franchise fee
- $40K – $40K
- Better than avg vs category
- Royalty
- 5.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 5.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $300 |
| Transfer fee | $30K |
| Renewal fee | $5K |
| Total fee load | 7.0% of rev |
Financial Performance
- Avg gross sales
- $531K
- Per unit, per year
- Median gross sales
- $487K
- Item 19 type
- gross_sales
- Sample size
- 21 units
- vs category median 13
- Range (low → high)
- $365K→$980K
- Cohort dispersion (min → max)
- Quartile band
- $365K→$767K
- Bottom 25% → top 25%
- Transparency
- 4 / 5
- vs category median 4 / 5 · typical
Compared against 1264 Full-Service Restaurants brands
vs Full-Service Restaurants averages
How Island Fin Poke Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 25
- Opened
- 8
- Last reporting year
- Closed
- 10
- Terminated
- 9
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 40.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 96%
- vs corporate-owned
- Net growth (yr3)
- -8.3%
- Net unit change last year
- 3-yr CAGR
- +10.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 2
- Projected new
- 4
- Franchisor's next-year forecast
- Transfer rate
- 8.7%
- Owners selling to other franchisees
- Termination rate
- 39.1%
- Franchisor-initiated terminations
- Ceased ops
- 43.5%
- Units that stopped operating
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 contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 21
- Loan volume
- $4.1M
- Median loan
- $196K
- 50th percentile
- Charge-off rate
- 0.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 100.0%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 7
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Island Fin Poke's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 5 lenders with concentration factor
- Per-state charge-off rates across 8 states
- Startup risk premium and job creation velocity
- 6-year lending trend
Instant access. No subscription.
With a 0.0% charge-off rate across 21 loans, banks have historically viewed this brand favorably for lending.
Risk analysis
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.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
No audited financials on file
Supplier relationship · Items 8 & 16
- Franchisor sells you products: No
- Kickbacks from required suppliers: No
- Must buy proprietary products: No
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 55 / 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
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | zip codes |
| Protected territory | No |
| Exclusive territoryℹ | No |
| Territory radius | 3 mi |
| Territory population | 80,000 |
| Online sales rightsℹ | Granted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 10 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Mandatory arbitration | Yes |
| Arbitration location | Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 17 hrs
- On-the-job training
- 23 hrs
- Training location
- headquarters and/or affiliate-owned outlet, then franchisee premises
- Ongoing training
- Required
- Field support
- 56 hrs/yr
- On-site visits per year
- Time to open
- 10 mo
- From signing to launch
- POS system
- Toast POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Toast POS
Item 20 · call current owners
Franchisee Contacts
53 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Island Fin Poke · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Island Fin Poke franchise?
The total investment to open a Island Fin Poke franchise ranges from $274K – $440K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Island Fin Poke franchise owners earn?
According to Item 19 of the Island Fin Poke FDD, the average gross sales per unit is $531K. The median is $487K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Island Fin Poke's franchise failure rate?
Based on SBA 7(a) loan data, Island Fin Poke has a charge-off rate of 0.0% across 21 loans, meaning 0.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Island Fin Poke franchise locations are there?
As of their most recent FDD filing, Island Fin Poke has 25 total units in the United States, including 20 franchised units and 1 company-owned units. 8 new units were opened in the latest reporting year.
Is Island Fin Poke a good franchise to buy?
FranchiseVerdict rates Island Fin Poke as a B-grade franchise with a risk score of 55 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.