Happi House vs Rice King Franchise Comparison

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

Start-Up Costs and Fees
 
Happi House Franchise
Rice King Franchise
Investment $427,000 - $598,500$173,500 - $395,000
Franchise Fee $30,000$13,000
Royalty Fee 4%-
Advertising Fee 2%-
Year Founded 19761982
Year Franchised 19901996
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Happi House Franchise
Rice King Franchise
Experience --

Financing Options
 
Happi House Franchise
Rice King Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Happi House Franchise
Rice King Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Happi House Franchise
Rice King Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Happi House

Happi House teriyaki restaurants are a one-of-a-kind quick service chain that serves some of the most flavorful meals in the industry. Happi House draws crowds from all walks of life for original Teriyaki, Tempura, Salads, Noodle & Rice Bowls, and our legendary Teriyaki sauce. Happi House combines age- old family recipes with innovative cooking techniques that deliver satisfaction to guests craving quality, convenience, and value.
Asian quick-serve is one of the most exciting and fastest growing segments in franchised foodservice.
Happi House is the original quick service California teriyaki restaurant serving the San Francisco Bay Area. The first Happi House location opened in 1976 at the corner of 5th and Taylor Streets in San Jose's Japantown as a result of tremendous demand from the local Asian community for a comfortable, value-oriented neighborhood restaurant. Its model integrates fresh California style teriyaki cuisine with a streamlined cooking system that provides top quality products, speed of service, and cost efficiencies.

About Rice King

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