Doc Chey's Asian Kitchen vs Rice King Franchise Comparison

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

Start-Up Costs and Fees

 
Doc Chey's Asian Kitchen Franchise
Rice King Franchise
Investment $287,500 - $462,000$173,500 - $395,000
Franchise Fee $25,000$13,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 19971982
Year Franchised 20041996
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of then-current fee-


Business Experience Requirements

 
Doc Chey's Asian Kitchen Franchise
Rice King Franchise
Experience
  • 3 years of restaurant experience
  • -

    Financing Options

     
    Doc Chey's Asian Kitchen Franchise
    Rice King Franchise
      In-House/3rd PartyIn-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

     
    Doc Chey's Asian Kitchen Franchise
    Rice King Franchise
    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

     
    Doc Chey's Asian Kitchen Franchise
    Rice King Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Doc Chey's Asian Kitchen

    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.

    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