L&L Hawaiian Barbecue
L&L Hawaiian Barbecue franchises quick-service Hawaiian-style restaurants featuring menu items like barbecued meats, chicken katsu, musubi, kalua pork, lau lau, rice, and macaroni salad. The franchisor licenses its proprietary system, including marks, operating manuals, recipes, and standards, to franchisees who operate in approved suburban or urban retail locations without exclusive territories. The business targets customers in competitive fast-casual dining markets, particularly those seeking Hawaiian-inspired fast food.
Franchise Costs
4% royalty (East US) or 3% (West Coast) or 1.5% (Hawaii) of Gross Sales + 2% (East) or 1% (West Coast) National Brand Fund or $320/mo (Hawaii) + up to $500/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 209 franchised restaurants open for the entire 2024 calendar year and operating for at least 12 months.
* Calculated weighted average gross revenue using midpoints of sales ranges for the 209 franchised stores from Table 2. Midpoints used: Over $2,000,000: $2,250,000 $1,500,000 – $2,000,000: $1,750,000 $1,000,000 – $1,500,000: $1,250,000 $750,000 - $1,000,000: $875,000 $500,000 - $750,000: $625,000 Less than $500,000: $250,000 Weighted average calculation: (13*2250000 + 20*1750000 + 58*1250000 + 62*875000 + 37*625000 + 19*250000) / 209 = $1,026,315.79. Median gross revenue is the midpoint of the range containing the 105th store ($750,000 - $1,000,000). Revenue top quartile is the weighted average of the top 25% (52 stores) of franchised units: (13*2250000 + 20*1750000 + 19*1250000) / 52 = $1,607,692.31. Revenue bottom quartile is the weighted average of the bottom 25% (52 stores) of franchised units: (19*250000 + 33*625000) / 52 = $481,730.77.
Extracted Item 19 Section
How L&L Hawaiian Barbecue Compares
Key Insights
- Higher than average SBA loan default rate in Fast Food
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
L&L Hawaiian Barbecue Current | $252K – $838K | $35K | 4.0% | 222 |
| MCDONALD'S | $1.5M – $2.6M | $45K | N/A | 12,772 |
| AFC | $45K – $151K | $6K | 9.5% | 3,572 |
| SONIC DRIVE-IN | $1.7M – $3.1M | $15K | 5.0% | 3,441 |
| JIMMY JOHN'S | $366K – $728K | $35K | 6.0% | 2,647 |
| ARBY'S | $645K – $2.5M | $38K | 4.0% | 2,316 |
Fast Food Average 126 franchises | $594K – $1.5M | $35K | 6.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 126 Fast Food franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+3 more states
SBA Loan History
Historical SBA 7(a) loan data for L&L Hawaiian Barbecue franchisees (2010 – 2013)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
7 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
7 Contacts Available
Unlock all L&L Hawaiian Barbecue franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily termination disputes involving underpayment and failure to pay franchise and advertising fees, false sales reports, and breaches of confidentiality and franchise agreements.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a L&L Hawaiian Barbecue franchise ranges from $252,450 to $838,460. This includes a franchise fee of $35,000. Ongoing royalty fees are 4.0% of gross sales.
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