Just Poke
Poke, acai bowls, lemonades- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$171K - $328K
- Units as of 2022
-
27 200.0% over 3 years
If you’re looking to open a semi-healthy restaurant business, starting a Just Poke franchise may be the right choice for you. Franchisees can open this food industry staple if they have determination and love for new opportunities. Having some business experience in this industry may benefit franchisees who need a license to start this business.
In 2016, Just Poke set up its headquarters in Bellevue, Washington. It then opened its first store in downtown Kirkland, Washington. Being a local health poke chain located mainly in the Pacific Northwest, Just Poke may offer convenient, clean eating. Its co-founders, Norman Wu and Danny Brawer, have secret ingredients that Just Poke uses to make recipes.
Just Poke began franchising in 2020 and has since opened several franchises in the United States.
Why You May Want To Start a Just Poke Franchise
Just Poke has been ranked in Entrepreneur’s Top New Franchises and Top Food Franchises. This ranking is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.
You don’t need extensive experience to start a Just Poke franchise. However, franchisees should be willing to follow a proven business model and lead their employees while satisfying customers.
Offering catering services may help your franchise thrive, as you can deliver quality food and drinks to parties/events. This service also may add another possible moneymaker to your Just Poke franchise.
什么会戳特许经营一个好的Choice?
Opening a Just Poke franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
To be part of the Just Poke franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth requirements.
How To Open a Just Poke Franchise
As you decide if opening a Just Poke franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Just Poke franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Just Poke franchising team questions.
If awarded a franchise, franchisees may receive a great deal of support from the Just Poke brand throughout the franchising process. In addition to pre-opening training, franchisees may receive support through brand awareness, marketing, research, and construction. Potential Just Poke franchisees may also receive hands-on training and continued support after their franchise location has opened.
Company Overview
About Just Poke
Industry | Food |
---|---|
Related Categories | Poke,Asian Food |
Founded | 2016 |
Parent Company | Graceful Bowls LLC |
Leadership | Norman Wu, Founder |
Corporate Address | 278 106th Ave. N.E. Bellevue, WA 98004 |
Social | Facebook,LinkedIn,Instagram |
Business Overview
Franchising Since | 2020(3 years) |
---|---|
# of employees at HQ | 25 |
Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
# of Units | 27(as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Just Poke franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$25,000 |
---|---|
Initial Investment |
$171,000 - $327,500 |
Net Worth Requirement |
$200,000 - $500,000 |
Veteran Incentives |
50% off franchise fee |
Royalty Fee |
6% |
Ad Royalty Fee |
1% |
Term of Agreement |
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Just Poke offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
---|---|
Third Party Financing | Just Poke has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 35 hours |
---|---|
Classroom Training | 45 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit? |
Yes |
Can this franchise be run part time? |
No |
Are exclusive territories available? |
Yes |
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchises
Are you eager to see what else is out there? Browse franchises that are similar to Just Poke.
Destination Athlete
- description
- Equipment, apparel, fundraising, and performance solutions for youth, high school, and college athletic teams
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
McDonald's Just Announced 'Free Fries Fridays.' Here's How to Get In On the Deal.
The fast-food giant is giving away its most popular item—with a few conditions.
Millennials Are Getting Too Old for Crypto's Volatility. Many Are Moving to Franchising as a Safer Option.
After years marked by scandals and seeing their peers losing their life savings in Ethereum, many Millennial investors are looking for an alternative to crypto — and finding it in franchising.
Net Worth Calculator for Franchises
Use this financial tool to help you along on your franchise journey.
The 6 Key Metrics Successful Franchise Restaurants Use to Measure Potential
Here are six metrics that top franchise restaurants use — that you can use as well — to determine the potential of a new project and whether it's worth their time.
Micha Magid of Mighty Quinn's BBQ Says Restaurants Need to Break the Mold When It Comes to Franchising. Here's Why.
Mighty Quinn's BBQ co-founder Micha Magid discusses scaling a business, building a restaurant tech stack, and abandoning a one-size-fits-all approach to franchising.
A Popular Pizza Chain Is Giving Away Free 'Emergency Pizzas' to Anyone Having a Not-So-Great Day
Accidentally burn your dinner? Rough day at work? A new promotion from Domino's Pizza might help.