Edo Japan vs Rice King Franchise Comparison

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

Start-Up Costs and Fees
 
Edo Japan Franchise
Rice King Franchise
Investment $400,000 - $550,000$173,500 - $395,000
Franchise Fee $35,000$13,000
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19771982
Year Franchised 19861996
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 25% of franchise fee-


Business Experience Requirements
 
Edo Japan Franchise
Rice King Franchise
Experience --

Financing Options
 
Edo Japan 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
 
Edo Japan Franchise
Rice King Franchise
Training 5 weeks - Basic Operation of the Business. - Regional Managers visit at least once every quarter to support and guide the Franchisees-
Support Newsletter, Grand opening, Field operations/evaluations-
Marketing Regional advertising-
Operations - 33% of all franchisees own more than one unit
- Number of employees needed to run franchised unit: 10 - 15
- Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators)		-

Expansion Plans
 
Edo Japan Franchise
Rice King Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Edo Japan

Every journey begins with a first step. Our first step began over 35 years ago when we opened our very first location, offering fresh and delicious Japanese food made in the traditional Teppan style and served with our now famous signature Teriyaki sauce. Since then, we've become a leading fast casual restaurant brand, with over 100 locations across Canada and over eight million meals served each year. An Edo Japan franchise offers a great return on your investment and a chance to grow and succeed with the support of an incredible organization. Complete our five-step process to understand how becoming an Edo Japan franchisee can help you achieve your business goals. http://www.edojapan.com/franchising/

"Top

#66 in Canada's Top franchises.

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