Simply Asia vs Gyu-Kaku Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Simply Asia vs Gyu-Kaku including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Simply Asia Franchise
Gyu-Kaku Franchise
Investment $481,000$1,200,444 - $2,526,540
Franchise Fee $68,400$50,000
Royalty Fee -4%-5%
Advertising Fee -1.5%
Year Founded 19931996
Year Franchised 19931997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Simply Asia Franchise
Gyu-Kaku Franchise
Experience --

Financing Options
 
Simply Asia Franchise
Gyu-Kaku Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Simply Asia Franchise
Gyu-Kaku Franchise
Training - On-The-Job Training: 304 hours Classroom Training: 46 hours Additional Training: At company-owned restaurants
Support -Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Site Selection
Marketing -Co-op Advertising Regional Advertising Social media Website development Email marketing Loyalty program/app
Operations -Absentee Ownership Allowed Number of Employees Required to Run: 20

Expansion Plans
 
Simply Asia Franchise
Gyu-Kaku Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Simply Asia

The people of Thailand are known to be very hard-working, but they are also known for their warm smiles and the belief that hard work should be balanced with fun. At Simply Asia we place great importance on this balanced way of life, aiming not only to bring quality and authenticity to everything we do, but to have fun while doing it. In this way we strive to serve food which reflects the warmth, balance and generosity of Thai culture. Because we are a Thai-run business, we also believe that by employing authentic Thai chefs in our kitchens equipped with expert training and the freshest ingredients available, we can ensure that every dish on our menu is authentically Thai as the chef who made it. Since opening our first store in October 2003 at Heritage Square, Cape Town, our philosophy has remained the same: to combine fresh and nutritious food in a sleek yet simple setting with helpful, friendly service whilst offering good value of money. We are currently the leading role player in the Thai restaurant industry in South Africa, and aim to rapidly develop consumer brand awareness and increase our customer base. And with more than 30 stores throughout the Western Cape, Gauteng and Kwa-Zulu Natal regions, our growing national presence and award-winning cuisine, it’s no wonder we’re South Africa’s favorite Thai food restaurant chain.

About Gyu-Kaku

Gyu-Kaku System operates over 700 locations worldwide and has more than 10 years franchising experience in Japan.

Reins International USA has more than 8 years operating experience in the U.S. to modify the system for the U.S. market w/ 12 units.
Gyu-Kaku has been awarded the prestigious Hot Concept Award by the restaurant industry's premier trade publication, Nation's Restaurant News!
We like to think of it as the Oscars of the restaurant business. The Hot Concept Award is given each year by the editors of NRN to six emerging restaurant brands that have distinguished themselves as Hot Concepts: "fast-growing, financially proven overachievers that are on their way to becoming tomorrow's giants." Each winner must be a clearly defined concept that appeals to consumers and positions the company at the leading edge of foodservice.
The goal is to recognize brands for their innovation, successful business strategies and entrepreneurial spirit.

The initial franchise fee is $50,000. The estimated investment necessary to begin operation of a Gyu-Kaku franchise unit franchise range is $1,200,444 to $2,526,540. This includes $56,500 to $71,500 that is paid to the franchisor and its affiliates.
The franchisor may also offer you the optional right to execute an Area Development Agreement granting you a right to open one to four additional Outlets for an additional investment of $25,000 (for one additional Outlet) to $100,000 (for four additional Outlets), all of which must be paid to the franchisor.

"Entrepreneur

#240 in Franchise 500 for 2020.
#227 in Franchise 500 for 2021.