Rice King vs Tobu Franchise Comparison

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

Start-Up Costs and Fees

 
Rice King Franchise
Tobu Franchise
Investment $173,500 - $395,000$330,000 - $475,000
Franchise Fee $13,000$30,000
Royalty Fee -6%
Advertising Fee --
Year Founded 1982-
Year Franchised 1996-
Term Of Agreement -10 Years
Term Of Agreement -10 Years
Renewal Fee -$55000


Business Experience Requirements

 
Rice King Franchise
Tobu Franchise
Experience --

Financing Options

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

Training & Support

 
Rice King Franchise
Tobu Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Rice King Franchise
Tobu Franchise
US Expansion Yes-
Canada Expansion -No
International Expansion -No

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 Tobu

TOBU sets the bar for the up and coming era of fast food ideas for Mall and Airport nourishment courts all through the nation. We as of late commended the Grand Opening of Tobu's Asian affected offerings at Simon Property Group's head Town Center at Boca Raton, Boca Raton Florida.

With a mix of diligent work, foreknowledge and advancement, TOBU has taken the standard of Asian speedy support of an altogether new level. Our perfect, eye-getting store appearance and similarly noteworthy sustenance quality has made TOBU the nourishment court most loved as a #1 administrator offering an assortment of particular and delectable menu things.

Pushing ahead, TOBU tries to give an imaginative style and a special option at Malls and Airports around the United States by serving just the finest fixings and introducing the most ideal feasting background.