Uncle Sharkii franchise
2022 filing · April 6, 2022GrowingShares sales figures
Uncle Sharkii at a glance
A poke and boba shop serving Hawaiian-Asian poke bowls, boba milk tea and soft serve. At the end of 2021 there were 4 Uncle Sharkii locations in the US, 3 franchised and 1 company-owned.
The business
- Franchisor
- Uncle Sharkii Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- Concord, California
- Typical size
- 400–1,500 sq ft
What you pay
- Cost to open
- $90K–$300K
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- Made up of a $10,000 franchise fee, a $15,000 training fee and a $5,000 site approval fee
- Royalty
- 5.5%
- 5.5% of gross revenues, paid monthly
- Brand fund
- 1%
- 1% of gross revenue, paid monthly
- Renewal fee
- $10,000
- When the agreement ends and you sign again
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2021
- 4
- Franchised and company-owned
- Franchised
- 3
- Company-owned
- 1
- Change in 3 years
- +3
- Franchised locations, 2019–2021
- States
- 2
- Most in California and Utah
From Uncle Sharkii Franchising, LLC’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Uncle Sharkii among all franchises with the same figure.
| Figure | Uncle Sharkii | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $194,750 | Costs less than 70% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5.5% | Lower than 66% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a Uncle Sharkii franchise costs
Opening one Uncle Sharkii costs an estimated $90,000 to $299,500. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the low-cost franchises.
The biggest costs are restaurant build out ($10,000 to $120,000) and equipment, TV, cameras, and other supplies ($19,000 to $30,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Franchise Fee | $10,000 | ||
| Training Fee | $15,000 | ||
| Site Approval Fee | $5,000 | ||
| Training Travel Expenses | $1,000 | $3,000 | |
| Real Estate and Rent Deposits | $3,000 | $15,000 | |
| Restaurant Build Out | $10,000 | $120,000 | |
| Furniture, Fixtures, and Décor | $1,000 | $10,000 | |
| Equipment, TV, Cameras, and other Supplies | $19,000 | $30,000 | |
| Computer, Software, and Point of Sale Systems | $1,500 | $5,000 | |
| Signs | $4,000 | $15,000 | |
| Insurance | $500 | $1,500 | |
| Professional Fees | $1,000 | $5,000 | |
| Architecture and Engineering | $1,000 | $15,000 | |
| Opening Inventory | $6,000 | $15,000 | |
| Licenses and Permits | $1,000 | $5,000 | |
| Grand Opening | $100 | $5,000 | |
| Additional Funds – Three (3) Months | $10,000 | $25,000 | |
| Total | $90,000 | $299,500 | |
Source: Uncle Sharkii Franchising, LLC, 2022 filing, page 13
Uncle Sharkii franchise fee
The franchise fee is $30,000, made up of a $10,000 franchise fee, a $15,000 training fee and a $5,000 site approval fee. You pay it when you sign the franchise agreement.
Source: Uncle Sharkii Franchising, LLC, 2022 filing, page 10
Royalty and ongoing fees
| Royalty | 5.5% of gross revenues, paid monthly. |
|---|---|
| Brand or marketing fund | 1% of gross revenue, paid monthly. |
| Transfer Fee | $2,500 |
| Renewal Fee | $10,000 |
| Additional Training | $250 per day |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Uncle Sharkii Franchising, LLC, 2022 filing, page 11
Other fees as filed, from page 11. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Uncle Sharkii publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Uncle Sharkii Franchising, LLC, 2022 filing, page 37
- Estimate Estimated yearly sales per location
- $300K–$540K
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
SBA loans to Uncle Sharkii franchisees
Lenders approved 2 SBA 7(a) loans for Uncle Sharkii franchisees from 2022 to 2023, $649K in all. None has been paid off or charged off yet.
A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.
Source: SBA 7(a) and 504 loan data, as of September 30, 2026
How Uncle Sharkii compares
Of the 56 bubble tea franchises on this site, Uncle Sharkii is the cheapest to open and the 37th largest by number of locations.
| Figure | Uncle Sharkii | Typical bubble tea brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $90K | $264K | $222K |
| Cost to open, high end | $300K | $502K | $477K |
| Franchise fee | $30K | $40K | $40K |
| Royalty | 5.5% | 5% | 6% |
| Brand fund | 1% | 1% | 2% |
| US locations | 4 | 8 | 21 |
| Closed or left per year | 0% | 0% | – |
| Shares earnings figures | Yes | 19 of 56 | 2,147 of 3,352 |
Typical is the median across the 56 brands in bubble tea franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2019 | 0 (0) | 1 | 0 | 0 |
| 2020 | 1 (+1) | 1 | +1 | 0 |
| 2021 | 3 (+2) | 1 | +2 | 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 and franchise failure rates.
Source: Uncle Sharkii Franchising, LLC, 2022 filing, page 38
Where Uncle Sharkii locations are
At the end of 2021, Uncle Sharkii had locations in 2 states. The most are in California and Utah.
- California3
- Utah1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 2 | 1 | 3 |
| Utah | 1 | 0 | 1 |
Source: Uncle Sharkii Franchising, LLC, 2022 filing, page 38
Who owns Uncle Sharkii?
Uncle Sharkii franchises are sold by Uncle Sharkii Franchising, LLC.
From Uncle Sharkii Franchising, LLC’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| 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: Uncle Sharkii Franchising, LLC, 2022 filing, litigation on page 9, bankruptcy on page 9
Uncle Sharkii filings
The figures on this page come from Uncle Sharkii Franchising, LLC’s 2022 filing, issued April 6, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | April 6, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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