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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 |
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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 |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | No |
International Expansion | - | No |
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
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.