Zyng Asian Grill vs Sriracha House Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Zyng Asian Grill vs Sriracha House including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Zyng Asian Grill Franchise
Sriracha House Franchise
Investment $212,000 - $480,000$222,250 - $402,000
Franchise Fee $25,000$30,000
Royalty Fee 5%5%
Advertising Fee -1%
Year Founded 1997-
Year Franchised 1999-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

 
Zyng Asian Grill Franchise
Sriracha House Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Zyng Asian Grill Franchise
    Sriracha House Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/YesNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/YesNo/Yes
    Receivables No/YesNo/Yes
    Payroll No/YesNo/Yes

    Training & Support

     
    Zyng Asian Grill Franchise
    Sriracha House Franchise
    Training Additional training periodicallyOn-the-job training: 142 hours Classroom training: 23 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesToll-Free Line Online Support Site Selection
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    Operations Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 9

    Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Zyng Asian Grill Franchise
    Sriracha House Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    About Zyng Asian Grill

    An exciting, fresh, vibrant, contemporary Asian dining experience! Set in an Asian-inspired, funky, vibrant market atmosphere, you are immediately attracted by the colors, sounds and smells permeating throughout the casual dining restaurant. In late 1995, Canadian businessman Arnold Shostak was in the Far East - China, Japan, Hong Kong, Singapore and Thailand. Before the trip, in his usual methodical and careful manner, he'd "read ahead" - guide books, histories, business reports, the Internet. He was an informed traveler and knew what to expect in each of the countries on his itinerary. Even so, Asia's ubiquitous noodle shops surprised him. "I couldn't believe how many there are - countless thousands! And I was amazed at their efficiency - even little mom-and-pop-owned-and-operated noodle restaurants were thriving, humming at all hours". An open kitchen with a Teppan Grill is the center stage for The Noodle People, cooking dishes emanating from China, Japan, Thailand, Vietnam, Singapore & Korea. Choose from our large and diverse selection of appetizers - dumplings, yakitori, spring rolls, noodle salads, small bowls of soup and more. A variety of specialty meals-in-bowls including the world's best Pad Thai, the one and only Zyngapore Noodles, Zyng Peanut Toss as well as other favorites.

    About Sriracha House

    Founded in 2013 on South Beach, Sriracha House is a fast-casual restaurant making SouthEast Asian street food hot and healthy. We use whole, fresh ingredients to create flavorful, customized rice and noodle bowls flash-wokked to perfection in a lively, open exhibition kitchen. Inspired by the open-air street markets of Thailand, Malaysia and Vietnam, our open kitchen allows customers to inhale the aroma of sautéed garlic and ginger, hear the food sizzle in the wok and watch giant flames jump out of the wok burners.

    The Opportunity

    Owning a Sriracha House gives you the opportunity to partner with a highly successful team of restaurant and business experts who have already mastered the industry; making the enterprise both profitable and fun. You will work directly with the owners and learn how to run your own location. Leaders in the fast casual dining industry, Sriracha House's profits continue to grow annually. They are prepared to share with you all of the knowledge, training and support to make sure that you exceed all expectations.