On the Hook Fish and Chips is an early-stage food truck franchise featuring wild Alaskan cod fish and chips. The system operates 9 total units with only 3 franchised outlets as of 2024, indicating very limited track record. The franchise offers two territory types - One Truck Territory ($359K-$701K investment) and Two Truck Territory ($619K-$1.06M investment). The Item 19 financial performance representation shows strong results with affiliate outlets averaging $2.7M in gross sales, though this data comes from company-owned operations rather than franchisees. The franchise fee is $35K-$50K depending on territory size, with ongoing royalties of 7% of gross revenue or minimum weekly amounts ($1,200-$2,100) starting in month 10. The franchise requires full-time owner involvement and exclusive territories based on population (125K-250K residents). Key risks include the very limited franchising history, high investment costs for a food truck concept, and comprehensive franchisor control provisions. The financial assurance requirements in multiple states suggest regulatory concerns about the franchisor's financial stability.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
Similar to On the Hook Fish and Chips in category and investment range