Poke Bowl United
Bottom line
- Total investment $224K – $506K including a $45K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $1.9M/year (median $1.7M).
- Rated MODERATE with a risk score of 59/100. SBA loan default rate of 0.0% across 4 loans (below the industry average).
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 Poke Bowl United unit return on the cash you put in?
Unlevered ROIC · per unit
75%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Poke Bowl United units return on equity?
Equity IRR · 5-yr
31.6%
3.95× MOIC
Year-1 DSCR
2.55×
EBITDA ÷ debt service
Equity required
$7.1M
on $17.2M purchase
Total debt
$10.2M
SBA $5.0M + senior + seller note
Overview
About
Franchisees operate fast-casual poke bowl restaurants, managing daily food prep, inventory, point-of-sale operations, and customer service. Operations involve sourcing fresh fish/proteins, managing labor, maintaining food safety compliance, and driving local marketing to build a customer base.
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 12 · 1 state reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
1
states with franchisees (per FDD Item 12)
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
Early-stage concept with unproven unit economics, no disclosed net income, and franchisor going concern status create significant financial transparency and viability risks.
Score breakdown · what drove the 59 / 100 rating
- 01MINORNo net income disclosure (Item 19) prevents ROI validation despite $1.9M avg revenue claim
- 02HIGHGoing Concern status is FALSE — suggests potential franchisor financial instability or operational challenges
- 03MINOROnly 12 units system-wide with 100% YoY growth is modest; sustainability and scale unproven
- 04MEDHigh investment range ($224K-$506K) paired with undisclosed profitability creates unclear payback period
- 05MINOR6% royalty on gross sales (not net) erodes margins; combined with overhead risk if net income is poor
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
3 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Poke Bowl United · FDD (2025) PDF