Teriyaki Experience Canada vs Pokeworks Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Teriyaki Experience Canada vs Pokeworks including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$265,000 - $380,000 | $263,000 - $1,968,000 |
| Franchise Fee |
$30,000 | $25,000 - $35,000 |
| Royalty Fee |
6% | 6% |
| Advertising Fee |
3% | 1.5% |
| Year Founded |
- | 2015 |
| Year Franchised |
- | 2016 |
| Term Of Agreement |
- | - |
| Term Of Agreement |
- | - |
| Renewal Fee |
- | - |
Business Experience Requirements |
| Experience |
- | - |
Financing Options |
| |
In-House/3rd Party | In-House/3rd Party |
| Franchise Fees |
-/- | -/- |
| Start-up Costs |
-/- | -/- |
| Equipment |
-/- | -/- |
| Inventory |
-/- | -/- |
| Receivables |
-/- | -/- |
| Payroll |
-/- | -/- |
Training & Support |
| Training |
- | On-The-Job Training: 40 hours
Classroom Training: 40 hours
Additional Training: At training center
|
| Support |
- | Meetings/Conventions
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 |
- | Absentee Ownership Allowed
Number of Employees Required to Run: 12 |
Expansion Plans |
| US Expansion |
- | Yes |
| Canada Expansion |
- | - |
| International Expansion |
- | Yes |
Company Overviews
About Teriyaki Experience Canada
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.
Get in on the growing trend toward fast, fresh, healthy
Asian-inspired food.
The Teriyaki Experience franchise concept is a sizzling hot opportunity that serves up what consumers are looking for.Teriyaki Experience enjoys top of mind recognition and hits the mark with the growing popularity of healthy eating in the fast food arena.
Here's what we offer:
* Turnkey operation
* Branded store design
* Proven operating system
* Extensive training program
* Ongoing operational support
* Comprehensive marketing support
* Chain strength of over 100 locations
* Freshly prepared, delicious and nutritious menu offerings with wide market appeal
* Locations across Canada, Europe and the Middle East
About Pokeworks
Pokéworks is a ground-breaking, healthy fast-casual restaurant concept that began on a rainy day in December of 2015 in a tiny location in Midtown Manhattan. Today, it has grown into one of the largest and fastest growing poke brands in the nation and one we can proudly say is anchored almost entirely with multi-unit institutional franchisees.
Pokéworks was born on that quiet Winter day with a trickle of curious New Yorkers that wondered in to experience poke for the first time. Weeks later, hundreds stood in line outside our tiny restaurant willing to wait 45 minutes or more to build their own poke burrito or bowl. While more than 700 New Yorkers were enjoying our poke per day, our ground breaking “The ‘Sushi Burrito’ has hit NYC and its amazing” video went viral and received more than 42 million views. As a result, Pokéworks quickly became known worldwide as one of the leading poke franchise brands.
Media consensus is that Pokéworks’ extraordinary consumer appeal is fueled by the exceptional quality, efficiency and affordability of our healthy chef-driven menu. Restaurateurs on the other hand marvel at our easy to execute menu as well as the simplicity of our kitchens with no hood, no deep frying and no in-ground grease trap requirement. While growing quickly with experienced multi-unit franchisees, Pokéworks has joined forces with Toridoll Holdings Corporation. The agreement with the $1.6 billion publicly traded restaurant giant (TYO: 3397) was specifically designed by both parties to leverage Toridoll’s considerable expertise in global brand development while allowing Pokéworks to maintain its successful founder-led focus and control. Our goal is to further solidify Pokéworks’ high-quality and affordable brand as the leader in the fast-growing poke segment world-wide.
The total investment necessary to begin operation of a Pokéworks
franchised restaurant ranges between $263,000 to $661,000. This includes
$35,000 that must be paid to the franchisor or its affiliates. If you
enter into a Multiple Unit Development Agreement, you must commit to
develop at least three restaurants for which the total investment
necessary ranges between $774,000 to $1,968,000. This includes $90,000
that must be paid to the franchisor or its affiliates. The initial fee
for each additional restaurant you commit to develop is $25,000.
Veteran Incentives 10% off franchise fee
#272 in Franchise 500 for 2021. Not in Franchise 500 for 2020.
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