On the Hook Fish and Chips Food Truck Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
FranchiseVerdict summary · 2026
A On the Hook Fish and Chips Food Truck franchise requires a total initial investment of $359K – $701K, including a $35K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2025 FDD issuance
Overview
- Investment
- $359K – $701K
- 17th pct Service Resta…
- Avg gross sales
- N/A
- 0 outlets
- Royalty
- 7.0%
- 35th pct Service Resta…
- Units
- N/A
- SBA charge-off
- N/A
Quick verdict · Full-Service Restaurants · color = vs category peers
Green = favorable by >10% vs Full-Service Restaurants avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $359K – $701K including a $35K franchise fee, 7.0% ongoing royalty.
- RETURNSTotal Income for period ended December 31, 2024 (company formed January 17, 2024; only one audited period available). Comprises Franchise Income $81,125, Franchise Royalties $145,111, Brand Marketing Income $20,728.
- RISKVerdict B (Above average), verdict score 61/100 (higher is better).
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- OTH Franchising LLC
- Parent company
- Ocean 5 Enterprises, LLC
- CEO title
- President
- Ocean Andrew
- Incorporated in
- WY
- HQ
- 3717 Cherrywood West Loop, Laramie, Wyoming 82070
- Auditor
- Renisha Lane, CPA PLLC
- Audited financials
- Franchisor revenue
- $247K
- Most recent fiscal year
Overview
About
- CEO
- Ocean Andrew
- Headquarters
- WY
- Founded
- 2024
- FDD year
- 2025
Can you afford it, and what does the money buy?
Entry cost runs 54% below the typical full-service restaurants franchise.
Source: FDD 2025 · Items 5–7
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $35K | $35K |
| Working capital (3–6 mo) | $25K | $40K |
| Equipment, build-out, other | $299K | $626K |
| Total initial investment | $359K | $701K |
Source: On the Hook Fish and Chips Food Truck 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $359K – $701K
- Top 40% of category vs category
- Liquid capital req'd
- $25K – $40K
- Top 40% of category vs category
- Franchise fee
- $35K
- Top 40% of category vs category
- Royalty
- 7.0%
- typical 6–8%
- Ad fund
- 5.0%
- typical 3–5%
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 5.0% |
| Technology fee | $40 |
| Transfer fee | $0 |
| Renewal fee | $0 |
| Inventory (initial) | $8K – $8K |
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for On the Hook Fish and Chips Food Truck is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one On the Hook Fish and Chips Food Truck unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Total Income for period ended December 31, 2024 (company formed January 17, 2024; only one audited period available). Comprises Franchise Income $81,125, Franchise Royalties $145,111, Brand Marketing Income $20,728.
vs Full-Service Restaurants averages
How On the Hook Fish and Chips Food Truck Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- N/A
- Opened
- 3
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- N/A
- % franchised
- 33%
- vs corporate-owned
3-year detail · Item 20
- Opened (3yr)
- 3
- Closed (3yr)
- 0
- Terminated (3yr)
- 0
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 0
- Reacquired (3yr)
- 0
- Franchisor bought back
Last reporting year only, multi-year history not disclosed in this brand's FDD.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Renisha Lane, CPA PLLC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
What are you signing up for?
Ongoing fees run about 12.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Protected territory | Yes |
| Exclusive territoryℹ | Yes |
| Territory population | 125,000 |
| Franchisor can compete | Yes |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| RoFR response window | 30 days |
| Transfer requires consent | Yes |
| Termination notice | 5 days |
| Curable defaultsℹ | 1 |
| Mandatory arbitration | Yes |
| Arbitration location | Wyoming |
| Jury trial waiver | No |
| Governing law | WY |
| Litigation count | 0 |
Items 10, 11
Training & Operations
- On-the-job training
- 97 hrs
- Ongoing training
- Required
- Site selection
- Franchisee with franchisor approval
- Franchisor financing
- Not offered
- Item 10
- POS system
- Square
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a On the Hook Fish and Chips Food Truck franchise?
The total investment to open a On the Hook Fish and Chips Food Truck franchise ranges from $359K – $701K, with an initial franchise fee of $35K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do On the Hook Fish and Chips Food Truck franchise owners earn?
No average owner earnings figure for On the Hook Fish and Chips Food Truck is on file. Item 19 — where a franchisor may disclose what its outlets earn — is voluntary under the FTC Franchise Rule, and we have not established what this brand's FDD says. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
What is Item 19 in the On the Hook Fish and Chips Food Truck FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the On the Hook Fish and Chips Food Truck FDD and qualifies whose outlets they describe.
What is On the Hook Fish and Chips Food Truck's franchise failure rate?
SBA 7(a) loan charge-off data is not available for On the Hook Fish and Chips Food Truck (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
Is On the Hook Fish and Chips Food Truck a good franchise to buy?
FranchiseVerdict rates On the Hook Fish and Chips Food Truck as a B-grade franchise with a verdict score of 61 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.
For franchisors
Are you the franchisor?
If you represent On the Hook Fish and Chips Food Truck, you can request corrections or provide updated information.
Other Full-Service Restaurants franchises
Compare similar franchise opportunities in the Full-Service Restaurants category
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.