Tiki-Ming vs Gyu-Kaku Franchise Comparison

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

Start-Up Costs and Fees
 
Tiki-Ming Franchise
Gyu-Kaku Franchise
Investment $175,000 - $500,000$1,200,444 - $2,526,540
Franchise Fee $30,000 - $40,000$50,000
Royalty Fee -4%-5%
Advertising Fee -1.5%
Year Founded 19791996
Year Franchised 19831997
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Tiki-Ming Franchise
Gyu-Kaku Franchise
Experience --

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

Training & Support
 
Tiki-Ming 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
 
Tiki-Ming Franchise
Gyu-Kaku Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Tiki-Ming

Tiki-Ming is one of Canada's pioneers in the Chinese speedy administration industry. Since 1983, Canadians have appreciated the delicious and endearing taste of Tiki-Ming's food. From the minute you approach
Tiki-Ming's popular steam table, you will be welcomed by a cornucopia of delightful and ameliorating Chinese dishes made new day by day by our high-gifted gourmet specialists. From our well known General Tao chicken to our compelling panfry choice, you will experience serious difficulties! Our menu likewise incorporates an assortment of true made-to-request panfry dishes newly arranged in our woks and an assortment of wonderful noodle soups.

Based on convention and bona fide values, Tiki-Ming has an unbelievably wide interest to clients of any age and is prepared to fulfill all Chinese sustenance yearnings!

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.