Multi-unit franchising has risen in popularity over the last year –as of September 2020, 54% of all franchisees are multi-unit owners. That’s a 20% increase from eight years ago, and fast casual franchises have always been one of the most popular segments for investors across the states.
It’s hard to predict which concepts will be the most profitable food franchises — you never know how your market will react to your product until you see it in action. But at Aloha, we have seen this style of investment play out, and now a majority of our franchisees are multi-unit franchise owners. Our concept is repeatable and is assuredly built for someone who wants to spread out an investment across multiple locations, and comes at a lower buy-in compared to competitors.
1. Low “All-In” Investment and Simple Buildout
If you’re thinking about investing in one of the fast food franchise giants, you might be surprised by how much cash is required to invest. Some of the larger brands ask for around $750,000 in liquidity, with an initial investment of over $1M required, after you sign the franchise agreement. That’s a substantial commitment to a business, and you haven’t even made a sale yet.
Aloha’s “all in” investment comes in at a much lower total cost of $138,800-$357,700, which is thanks to our leaner buildout costs compared to other fast casual brands. There’s no need to worry about ordering custom hoods, grills, or fryers. Aloha’s investment is all about practicality and simplicity — our average store size is 1,000 square feet, so you don’t have to worry about any wasted space.
2. A Focused Menu with Rising Popularity
A busy menu doesn’t necessarily mean you’re going to attract more customers. A lot of the larger fast casual brands have confused quantity with quality, but at Aloha, we have perfected our craft with a much more purposeful style of menu. With curated options to choose from, customers have fewer friction points when they come in to order, and they know that their food will never disappoint. Aloha customers aren’t the only people raving about sushi bowls — our industry is booming into a fast casual mainstay on the mainland.
- 22.30% year-over-year growth rate for poke foods market in 2019
- $1.9 billion estimated growth of the poke foods market from 2019-2023
- 167% increase of poke bowls on restaurant menus
- 365% increase in annual deliveries of poke bowls
3. Streamlined Operations Make Management Easier
Multi-unit franchise management can be incredibly challenging if you don’t invest in the right brand. But Aloha Poke Co. has made keeping track of your business so much easier. Running our stores are much easier thanks to our 3-platform tech stack that’s cloud-based and fully integrated. Here you will be able to monitor your location’s sales and operational responsibilities seamlessly. You will also have a full management team for each of your locations. Those location managers can keep an eye on the day-to-day, so you can focus on hitting those big picture goals and living out the Aloha lifestyle.
If you would like to inquire about making a multi-unit franchise investment or would like to learn more about the costs, feel free to contact Aloha today.