Ike’s Food and Cocktails
Food & Beverage · Quick-Service Restaurants
- Active units
- 7
- Avg unit volume
- $706k
- Royalty
- 8.0%
Franchised, year-end 2023
of weekly Net Sales
About Ike’s Food and Cocktails
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$80k
- Brand fund
2.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
500 – 2,000 sq ft
- Multi-Unit Operator Agreement (5–9 Restaurants)
$240k
- Multi-Unit Operator Agreement (10 or more Restaurants)
$400k
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations7
Franchised units open at year-end
- New openings1
Gross new units opened during the calendar year
- 1-year unit growth rate16.7%
Net unit growth versus prior year
- 3-year unit CAGR32.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$706k
Used franchise-operated average gross sales as proxy for average annual revenue.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$378k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open12 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio1.9×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 5 of 7 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.