Teriyaki Experience Canada vs Rice King Franchise Comparison

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

Start-Up Costs and Fees
 
Teriyaki Experience Canada Franchise
Rice King Franchise
Investment $265,000 - $380,000$173,500 - $395,000
Franchise Fee $30,000$13,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded -1982
Year Franchised -1996
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Teriyaki Experience Canada Franchise
Rice King Franchise
Experience --

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

Training & Support
 
Teriyaki Experience Canada Franchise
Rice King Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Teriyaki Experience Canada Franchise
Rice King Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Teriyaki Experience Canada

Since 1986, Teriyaki Experience has been delivering fast, fresh and healthy Asian-inspired fast food to fulfill guests’ taste for great flavours and fast service. Recognized as the healthy alternative to traditional fast food, we’ve built a unique concept around the teppanyaki grill where meals are prepared right before guests’ eyes. A complete line of flavourful, Asian-inspired secret sauces top our rice and noodle meals.
Get in on the growing trend toward fast, fresh, healthy Asian-inspired food. The Teriyaki Experience franchise concept is a sizzling hot opportunity that serves up what consumers are looking for.Teriyaki Experience enjoys top of mind recognition and hits the mark with the growing popularity of healthy eating in the fast food arena. Here's what we offer: * Turnkey operation * Branded store design * Proven operating system * Extensive training program * Ongoing operational support * Comprehensive marketing support * Chain strength of over 100 locations * Freshly prepared, delicious and nutritious menu offerings with wide market appeal * Locations across Canada, Europe and the Middle East

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