Made In Japan Teriyaki Experience vs Panda Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Made In Japan Teriyaki Experience vs Panda Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Made In Japan Teriyaki Experience Franchise
Panda Express Franchise
Investment $327,000 - $679,900$377,100 - $1,884,000
Franchise Fee $30,000N/A
Royalty Fee 6%-
Advertising Fee 3%-
Year Founded 19861983
Year Franchised 19871983
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1K per year-


Business Experience Requirements

 
Made In Japan Teriyaki Experience Franchise
Panda Express Franchise
Experience --

Financing Options

 
Made In Japan Teriyaki Experience Franchise
Panda Express 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

 
Made In Japan Teriyaki Experience Franchise
Panda Express Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations 20% of all franchisees own more than one unit

Absentee ownership of franchise is allowed.

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Expansion Plans

 
Made In Japan Teriyaki Experience Franchise
Panda Express Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Made In Japan Teriyaki Experience

Since 1986, Teriyaki Experience has been delivering fast, fresh and healthy Asian-inspired fast food to fulfill guests’ taste for great flavours and fast service. Recognized as the healthy alternative to traditional fast food, we’ve built a unique concept around the teppanyaki grill where meals are prepared right before guests’ eyes. A complete line of flavourful, Asian-inspired secret sauces top our rice and noodle meals.

Brand Recognition: Currently 74 restaurants in operation worldwide.

Consistent Quality: Serving the same high quality food with the same high quality service in all locations.

Excellent Service: Professionally-trained owners and operators head every restaurant team.

Fast and Fresh Ingredients: At the heart of every recipe are fresh ingredients prepared fast.

Lou Donato wanted to provide dishes similar to the expensive, health-conscious platters found at Japanese dinner houses. After three years of research and development, he opened Made In Japan Teriyaki Experience, incorporating the flair and drama of Japanese cooking.

Franchisees across Canada and worldwide now offer hot, made-to-order dishes including fresh vegetables, Yakisoba (Japanese noodles), steamed rice, a variety of meats and seafood, Teriyaki platters and sushi.

The parent company of Made in Japan also owns franchise company Mrs. Vanelli's Fresh Italian Foods.

About Panda Express

"Panda

Panda Restaurant Group operates all of our restaurants with the exception of select locations in airports, universities, military bases, hospitals, casinos, amusement parks and stadiums. We do not offer franchises at this time.