Rice King vs Tin Drum Asia Cafe Franchise Comparison

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

Start-Up Costs and Fees
 
Rice King Franchise
Tin Drum Asia Cafe Franchise
Investment $173,500 - $395,000$400,800 - $617,250
Franchise Fee $13,000$49,000 - $99,000
Royalty Fee -6%
Advertising Fee -1.5%
Year Founded 19822003
Year Franchised 19960
Term Of Agreement --
Term Of Agreement --
Renewal Fee -50% of franchise fee


Business Experience Requirements
 
Rice King Franchise
Tin Drum Asia Cafe Franchise
Experience --

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

Training & Support
 
Rice King Franchise
Tin Drum Asia Cafe Franchise
Training --
Support --
Marketing --
Operations -

We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses.

Expansion Plans
 
Rice King Franchise
Tin Drum Asia Cafe Franchise
US Expansion YesNo
Canada Expansion --
International Expansion --

Company Overviews

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

About Tin Drum Asia Cafe

Founded in 2003, Tin Drum was created to reflect the bustling street-side cafes found throughout Asia. With the limited service operating model of fast casual and the dining experience of full casual, Tin Drum Asia Cafe is setting a new standard for the Fast Casual Dining franchise model. We call it "Fresh Casual." Our menu carries bold and broad flavor profiles; all food is cooked fresh to order in an open kitchen; the food is delivered to the guest at their table rather than being picked up at a counter; all this taking place in an environment with an elevated decor meant to evoke a bustling Asian street market.
 
10% discount for veterans off initial franchise fee