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Below is an in-depth analysis and side-by-side comparison of Sarku Japan vs Rice King including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $283,000 - $562,000 | $173,500 - $395,000 |
Franchise Fee | $30,000 | $13,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2%-3% | - |
Year Founded | 1987 | 1982 |
Year Franchised | 1987 | 1996 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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 | No/- | -/- |
Start-up Costs | No/- | -/- |
Equipment | No/- | -/- |
Inventory | No/- | -/- |
Receivables | No/- | -/- |
Payroll | No/- | -/- |
Training & Support |
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Training | - | - |
Support | * Branded design with modern configuration * Proven business model * Extensive training and ongoing operational support * Comprehensive marketing programs * Chain strength of over 200 locations * Sizzling, freshly prepared, delicious and nutritious menu offerings | - |
Marketing | - | - |
Operations | At least one owner or a designated manager must be involved in each store on a full time basis. In addition, the owner or designated manager must be responsible for the day-to-day operations and management. | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
The Asian Food Market is growing fast! Today, the hottest segment among Fast Food Restaurants is 'ethnic' cuisine. Among the hottest of the hot is Chinese / Japanese. There should be no surprise, considering that Chinese food has 97% awareness (1) in the United States, with a wide base of appeal across the adult population. In fact, Chinese food is so ingrained in the American culture that it is no longer considered ethnic.(2) (1) The Emerging Ethnic Foods Market. U.S. Consumer Intelligence, June 2004 (2)- Ethnic Cuisines, National Restaurant Association, 2003 Benefits 1. Stable Sales 2. Training 3. Training Management Skills 4. Co-Advertising 5. Food Distribution Channels 6. Developing New Menu Items 7. Lease Negotiations