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Below is an in-depth analysis and side-by-side comparison of Teriyaki Madness vs Koryo Korean Barbeque including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $322,755,862,435 | $275,000 - $325,000 |
Franchise Fee | $45,000 | $30,000 - $40,000 |
Royalty Fee | 6% | - |
Advertising Fee | 3% | - |
Year Founded | 2003 | - |
Year Franchised | 2005 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-the-job training: 195 hours Classroom training: 50.5 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 10 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | Yes |
Teriyaki Madness is a fast-casual Asian inspired restaurant serving exceptional Teriyaki cuisine in a fun and relaxed atmosphere. Our menu offers an assortment of high quality meats grilled to perfection with our signature sauces, plus a variety of other popular Asian entrees and delicious side dishes.
The imaginative personalities off camera have made a totally new class of eating through Koryo Korean Barbeque eateries crosswise over Canada. Globally inside the following 5 years! By wedding a portion of the finest Korean culinary customs with advanced ways of life and tastes Koryo eateries gladly offer Affordable Gourmet. Each feast is deliberately arranged with grade A meats, no additives and no MSG. Nourishment requests are started up on a hot flame broil just before your eyes while the incredible administration at every eatery is complimentary with your supper! You are welcome to experience what a large number of others have come to love.