About POKITOMIK Franchise
Pokitomik is a fast-casual restaurant franchise specializing in poke bowls, whose mission is to blow up the community with the freshest and most wholesome ingredients to make the most explosive poke.
Franchisees operate a retail restaurant location offering a variety of food products and services for sale to the general public for takeout or consumption on the business premises.
The target customers are health-conscious diners and poke enthusiasts seeking fresh, high-quality fast-casual dining options.
POKITOMIK Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $29,000 | One-time payment upon signing |
| Royalty Fee | 6% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 0% initially, up to 1% of Gross Revenues (Brand Fund) | National brand fund |
| Total Investment Range | $127,750 – $287,750 | Includes build-out, inventory, working capital |
The investment range of $128K–$288K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Gross Revenues) and marketing fee (0% initially, up to 1% of Gross Revenues (Brand Fund)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $29,000 | $29,000 |
| Travel and Living Expenses While Training | $4,000 | $6,000 |
| Real Estate Rent Deposits and Pre-Paid Expenses (3 months) | $9,000 | $24,000 |
| Furniture, Fixtures, Décor, TV, and Cameras | $8,000 | $15,000 |
| Construction of Leasehold Improvements | $35,000 | $145,000 |
| Inventory and Supplies | $5,000 | $10,000 |
| Business Licenses and Permits | $1,000 | $2,000 |
| Grand Opening | $5,000 | $5,000 |
| Computer, POS System, and Office Supplies | $1,500 | $2,000 |
| Insurance (3 months) | $500 | $750 |
| Architectural/Engineering | $5,000 | $10,000 |
| Signage | $4,000 | $7,000 |
| Accountant and Attorney Fees | $750 | $2,000 |
| Additional Funds (3 Months) | $20,000 | $30,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Greater of 20% of then-current initial franchise fee or 5% of the sales price |
| Renewal Fee | 20% of the then-current franchise fee |
| Technology Fee | $75 per month (Point of Sale System - Clover) |
| Audit Fee | Cost of inspection |
| Local Marketing Requirement | 1% of Gross Revenues |
| Cooperative Advertising Programs | 0% initially, up to 2% of Gross Revenues |
| National Franchise Convention Fee | $500 annually |
| Owners' Manual Replacement Fee | $250 |
| Additional Training or Assistance | $250 per person per day plus expenses |
| Maintenance and Refurbishing of Business | Reimbursement of franchisor expenses |
| Insurance | Reimbursement of franchisor costs |
| Insufficient Funds | $75 |
| Testing of Products or Approval of new Suppliers | Not to exceed $1,000 |
| Interest | Lesser of 1.5% per month or highest commercial contract interest rate |
| Management Fee | $250 per person per day plus costs and expenses |
| Indemnification | Will vary |
| Point of Sale System (Clover) | $75 per month |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 2 weeks |
| Classroom Training | 28 hours |
| On-the-Job Training | 52 hours |
| Training Location | Simi Valley, California |
| Additional Training | Refresher and follow-up training as designated; replacement manager training; regional or national conferences (not currently conducted but may occur in the future) |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Circle having a radius of 5 miles or 50,000 people, whichever is less |
| Description | The Approved Location of a single franchise will be at the center of the Territory, composed of a circle having a radius of five (5) miles or 50,000 people, whichever is less. In a metropolitan area, the radius will be composed of a circle that Pokitomik believes will not cause a material adverse effect on the Business. The franchisor reserves the right to operate at non-traditional locations (airports, stadiums, etc.) within the territory and to use alternative channels of distribution including the Internet. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years (or the length of the then-current lease term, whichever is shorter) |
| Renewal Fee | 20% of the then-current Franchise Fee |
| Renewal Conditions | Good standing; timely advance notice; pay then-current renewal fee; sign new Franchise Agreement (may contain materially different terms); be current in payments; sign release; modernize Business to meet then-current standards |
| Transfer Fee | Greater of 20% of then-current initial franchise fee or 5% of the sales price |
| Transfer Conditions | New franchisee qualifies; payment of all outstanding debts; cure of any defaults; then-current agreement signed by new franchisee or assumption of existing agreement; transfer fee paid; training completed; release signed by you and your Related Parties |
| Termination for Cause | We can terminate only if you default. Curable defaults: 30 days to cure (5 days for non-payment of fees). Non-curable defaults include misuse of trademarks, breach of non-competition, unauthorized assignment or transfer, material misrepresentation, abandonment, bankruptcy, threat to public health or safety, repeated defaults even if cured, conviction of a felony. |
| Non-Compete Period | 2 years |
| Non-Compete Details | No competing business for two (2) years: (i) at the Approved Location, (ii) within 25 miles of the Approved location, or (iii) within 25 miles of another Pokitomik Business (including after assignment). During the term of the franchise, no competing business at all. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | If you are an individual, you or a trained manager must personally manage the franchised business at all times. If you are a legal entity, your Operating Principal or a trained manager must personally manage the franchised business at all times. The Operating Principal and manager must attend and successfully complete initial training. |
| Required Suppliers | Franchisees must purchase from Pokitomik and Approved Suppliers. Required Purchases from Approved Suppliers will be about 25-35% of total purchases to establish the Business and about 55-65% of purchases to continue operation. |
| Supply Restrictions | Franchisees may only market, sell, and provide approved services and products authorized by Pokitomik. Alternative suppliers require prior written approval from franchisor. |
| Franchisor Revenue from Suppliers | $0 in revenue from franchisee purchases in fiscal year ending December 31, 2022 (0% of total revenue of $0) |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Pokitomik does not offer direct or indirect financing and does not guarantee any note, lease, or obligations. |
POKITOMIK Franchise Earnings — Item 19
POKITOMIK does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
POKITOMIK Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
POKITOMIK System Growth
POKITOMIK currently operates 0 franchised locations and 4 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 2 | 0 | 3 |
| 2021 | 0 | 0 | 3 |
| 2022 | 1 | 0 | 4 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 1 states: CA
POKITOMIK Franchise — FAQ
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