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Below is an in-depth analysis and side-by-side comparison of Teriyaki Madness vs Koya Japan including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $322,755,862,435 | $185,000 - $215,000 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 6% | - |
Advertising Fee | 3% | - |
Year Founded | 2003 | - |
Year Franchised | 2005 | - |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | 10% of franchise fee | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | On-the-job training: 195 hours Classroom training: 50.5 hours | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 10 | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | Yes | - |
Teriyaki Madness is a fast-casual Asian inspired restaurant serving exceptional Teriyaki cuisine in a fun and relaxed atmosphere. Our menu offers an assortment of high quality meats grilled to perfection with our signature sauces, plus a variety of other popular Asian entrees and delicious side dishes.
Koya Japan is keeping on developing in the eatery administrations industry, and we are searching for committed establishment proprietors who are excited and enthusiastic about Japanese sustenance to join our group.
To wind up distinctly an establishment proprietor, there will be a 3-arrange meeting and examination handle. Hopefuls will be chosen in view of the accompanying criteria: business intuition and experience, money related practicality, character and mentality, compelling learning and correspondences aptitudes, and the sky is the limit from there.
MTY Group is a family whose heart beats to the rhythm of its brands, the very soul of its multi-branded strategy. For over 35 years, it has been increasing its presence by delivering new concepts in quick-service restaurants and making acquisitions and strategic alliances that have allowed MTY Group to reach new heights year after year.
By combining new trends with operational know-how, the brands forming the MTY Group now touch the lives of millions of people every year. With over 7000 locations worldwide and the multitude of flavours of its many brands, MTY is able to satisfy the different tastes and needs of consumers every day.