Entrepreneur USA - January 2018

(Jeff_L) #1

notes that his company is the


“only poke restaurant with


cushions on the seats.”


Aside from those comfy


seats, though, LemonShark


represents exactly the kind


of entrant that buzzy food


concepts attract—which is


to say, well-financed people


with their ear to the ground.


LemonShark was founded by


Miller, a founding member


and lead guitarist in the band


the Wallflowers, and the


former pro race-car driver


Richard Gottlieb. Both men


are now successful real estate


developers and have racked


up more than 50 strip malls in


Southern California between


them. Their poke chain


has five locations—four in


California and one in Orlando,


Fla.—and 24 more set to open


during 2018. The company


says it has sold 67 units so far,


and it’s aiming to have 300


locations in key U.S. cities


within the next five years.


They’re also thinking


about differentiators that


go beyond seating. “We’re


dealing with the problem of


the low barrier to entry in


this market by sourcing the


best food, securing the top


locations, and developing the


most comfortable environ-


ments to spend time in,”


Miller says. “We’re not just


targeting the lunch take-


out crowd; we’re after the


clientele who want a relaxed,


casual evening meal.” Almost


half of LemonShark’s busi-


ness is done after 5 p.m., and


With prices on the rise,


“itwillbeinteresting


to see how much


people will actually pay


for top-quality poke.”


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