Koibito Poke franchise
2024 filing · April 29, 2024Growing
Koibito Poke at a glance
A fast-casual restaurant serving build-your-own poke bowls. At the end of 2023 there were 11 Koibito Poke locations in the US, 8 franchised and 3 company-owned.
The business
- Franchisor
- Koibito Franchise, LLC
- The company that sells the franchises
- Franchisor based in
- Scottsdale, Arizona
- Typical size
- 900–1,400 sq ft
What you pay
- Cost to open
- $273K–$577K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- With discounts for veterans and others
- Royalty
- 4%
- 4% of weekly gross sales, paid weekly, plus 2% to the brand fund
- Brand fund
- 2%
- 2% of gross sales, paid with the royalty
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 11
- Franchised and company-owned
- Franchised
- 8
- Company-owned
- 3
- Change in 3 years
- +8
- Franchised locations, 2021–2023
- States
- 4
- Most in Arizona, Nevada and Missouri
From Koibito Franchise, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Koibito Poke among all franchises with the same figure.
| Figure | Koibito Poke | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $425,225 | Costs more than 57% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 4% | Lower than 93% of brands with a set rate |
| US locationsFranchised and company-owned | 11 | Fewer than 60% of franchises |
How much a Koibito Poke franchise costs
Opening one Koibito Poke costs an estimated $273,300 to $577,150. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are build out & improvements ($100,000 to $325,000) and additional funds 14 (3 months after opening) ($63,350 to $75,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $30,000 | ||
| Initial Training Expenses | $300 | $4,000 | |
| Lease Deposit & 3 Months’ Rent | $14,000 | $30,000 | |
| Build Out & Improvements | $100,000 | $325,000 | |
| Signage | $4,700 | $10,000 | |
| Decorating, Furniture & Fixtures | $6,000 | $10,000 | |
| Technology Systems | $3,500 | $5,800 | |
| Kitchen Equipment | $26,000 | $35,000 | |
| Small Wares | $3,000 | $3,750 | |
| Initial Supply of Inventory | $13,000 | $19,000 | |
| Uniforms | $1,200 | $1,600 | |
| Grand Opening Marketing Fee | $5,000 | $7,500 | |
| Liquor License 11 (optional) | $0 | $10,000 | |
| Utility Deposits, Business Licenses & Other Prepaid Expenses | $1,000 | $3,000 | |
| Professional Fees | $1,500 | $5,500 | |
| Insurance | $750 | $2,000 | |
| Additional Funds 14 (3 months after opening) | $63,350 | $75,000 | |
| Total | $273,300 | $577,150 | |
Source: Koibito Franchise, LLC, 2024 filing, page 16
Koibito Poke franchise fee
The franchise fee is $30,000, with discounts for veterans and others. You pay it when you sign the franchise agreement.
Source: Koibito Franchise, LLC, 2024 filing, page 11
Royalty and ongoing fees
| Royalty | 4% of weekly gross sales, paid weekly, plus 2% to the brand fund. |
|---|---|
| Brand or marketing fund | 2% of gross sales, paid with the royalty. |
| Transfer Fee | [Franchise Agreement] $10,000 |
| Renewal Fee | $5,000 |
| Training Fee | $100 per person per day (plus Travel Expenses for onsite training) |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Koibito Franchise, LLC, 2024 filing, page 12
Other fees as filed, from page 13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Koibito Poke does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Koibito Franchise, LLC, 2024 filing, page 42
- Estimate Estimated yearly sales per location
- $620K–$1.1M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Koibito Poke compares
Of the 309 fast food franchises on this site, Koibito Poke is the 89th cheapest to open and the 181st largest by number of locations.
| Figure | Koibito Poke | Typical fast food brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $273K | $353K | $222K |
| Cost to open, high end | $577K | $786K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 4% | 6% | 6% |
| Brand fund | 2% | 2% | 2% |
| US locations | 11 | 23 | 21 |
| Closed or left per year | 0% | 5.8% | – |
| Shares earnings figures | No | 189 of 309 | 2,147 of 3,352 |
Typical is the median across the 309 brands in fast food franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 4 | 0 | 0 |
| 2022 | 3 (+3) | 3 | +3 | 0 |
| 2023 | 8 (+5) | 3 | +5 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fast food franchise costs, sushi franchises, franchises for veterans and franchise failure rates.
Source: Koibito Franchise, LLC, 2024 filing, page 43
Where Koibito Poke locations are
At the end of 2023, Koibito Poke had locations in 4 states. The most are in Arizona, Nevada and Missouri.
- Arizona5
- Nevada3
- Missouri2
- North Carolina1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Arizona | 2 | 3 | 5 |
| Nevada | 3 | 0 | 3 |
| Missouri | 2 | 0 | 2 |
| North Carolina | 1 | 0 | 1 |
Source: Koibito Franchise, LLC, 2024 filing, page 43
Who owns Koibito Poke?
Koibito Poke franchises are sold by Koibito Franchise, LLC.
From Koibito Franchise, LLC’s 2024 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 11. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Koibito Franchise, LLC, 2024 filing, litigation on page 11, bankruptcy on page 11
Koibito Poke filings
The figures on this page come from Koibito Franchise, LLC’s 2024 filing, issued April 29, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | April 29, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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