|
Below is an in-depth analysis and side-by-side comparison of Doc Chey's Asian Kitchen vs Kim Chi including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $287,500 - $462,000 | $175,000 - $500,000 |
Franchise Fee | $25,000 | $30,000 - $40,000 |
Royalty Fee | 5% | - |
Advertising Fee | - | - |
Year Founded | 1997 | 1979 |
Year Franchised | 2004 | 2006 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | 50% of then-current fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising | - |
Operations |
Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
When we opened the first Doc Chey's in 1997, our goal was simple: operate a neighborhood restaurant that serves our guests affordable, delicious, pan-Asian food.
Although we have been true to our original mission, we quickly learned that we had an even greater mission, and that was to improve the communities we serve. We did this by becoming stakeholders in our neighborhoods and fostering good karma in our communities through various initiatives - dine-outs that support local schools and charitable organization, donations to local organizations for fundraising events, and hosting charitable events like Morningside Mile and Breakfast with Santa.
Through our efforts, we have donated over $200,000 in cash and food to local schools and non-profit organizations. We work hard to live our values everyday - treat others as we wish to be treated and give without expecting anything in return.
We will continue to work hard every day to help make our communities better places to live - one noodle bowl at a time.
Go along with Us. We are continually hoping to grow our system of establishments by improving and offering our clients the most stretched out assortment of flavorful new and top notch items. Turning into a KimChi establishment proprietor implies that you will have admittance to the skill of our exceedingly experienced experts who have made KimChi a first rate well being nourishment idea through the accompanying ranges:
* Delicious and Healthy Recipes
* Training and Operation Support
* Purchasing Power
* Established Advertising and Marketing Strategies
On the off chance that you are occupied with seeking after a KimChi establishment opportunity, please fill out free Franchise Advice Form to the right.