Simply Asia vs Sriracha House Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Simply Asia vs Sriracha House including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Simply Asia Franchise
Sriracha House Franchise
Investment $481,000$222,250 - $402,000
Franchise Fee $68,400$30,000
Royalty Fee -5%
Advertising Fee -1%
Year Founded 1993-
Year Franchised 1993-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Simply Asia Franchise
Sriracha House Franchise
Experience --

Financing Options

 
Simply Asia Franchise
Sriracha House Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-No/Yes
Start-up Costs -/-No/Yes
Equipment -/-No/Yes
Inventory -/-No/Yes
Receivables -/-No/Yes
Payroll -/-No/Yes

Training & Support

 
Simply Asia Franchise
Sriracha House Franchise
Training -On-the-job training: 142 hours Classroom training: 23 hours
Support -Toll-Free Line Online Support Site Selection
Marketing -Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations --

Expansion Plans

 
Simply Asia Franchise
Sriracha House Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Simply Asia

The people of Thailand are known to be very hard-working, but they are also known for their warm smiles and the belief that hard work should be balanced with fun. At Simply Asia we place great importance on this balanced way of life, aiming not only to bring quality and authenticity to everything we do, but to have fun while doing it. In this way we strive to serve food which reflects the warmth, balance and generosity of Thai culture. Because we are a Thai-run business, we also believe that by employing authentic Thai chefs in our kitchens equipped with expert training and the freshest ingredients available, we can ensure that every dish on our menu is authentically Thai as the chef who made it. Since opening our first store in October 2003 at Heritage Square, Cape Town, our philosophy has remained the same: to combine fresh and nutritious food in a sleek yet simple setting with helpful, friendly service whilst offering good value of money. We are currently the leading role player in the Thai restaurant industry in South Africa, and aim to rapidly develop consumer brand awareness and increase our customer base. And with more than 30 stores throughout the Western Cape, Gauteng and Kwa-Zulu Natal regions, our growing national presence and award-winning cuisine, it’s no wonder we’re South Africa’s favorite Thai food restaurant chain.

About Sriracha House

Founded in 2013 on South Beach, Sriracha House is a fast-casual restaurant making SouthEast Asian street food hot and healthy. We use whole, fresh ingredients to create flavorful, customized rice and noodle bowls flash-wokked to perfection in a lively, open exhibition kitchen. Inspired by the open-air street markets of Thailand, Malaysia and Vietnam, our open kitchen allows customers to inhale the aroma of sautéed garlic and ginger, hear the food sizzle in the wok and watch giant flames jump out of the wok burners.

The Opportunity

Owning a Sriracha House gives you the opportunity to partner with a highly successful team of restaurant and business experts who have already mastered the industry; making the enterprise both profitable and fun. You will work directly with the owners and learn how to run your own location. Leaders in the fast casual dining industry, Sriracha House's profits continue to grow annually. They are prepared to share with you all of the knowledge, training and support to make sure that you exceed all expectations.