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Updated RecentlyRice King vs Gyu-Kaku Japanese BBQ Restaurant Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rice King vs Gyu-Kaku Japanese BBQ Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $173,500 - $395,000 | $785,281 - $2,120,001 |
| Franchise Fee | $13,000 | $50,000 |
| Royalty Fee | - | 5% |
| Advertising Fee | - | 1.5% |
| Year Founded | 1982 | 1996 |
| Year Franchised | 1996 | 1997 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Classroom training: 46 hours Additional training: At the restaurant |
| 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 | - | Number of employees required to run: 20 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Rice King
The Asian Food Market is growing fast! Today, the hottest segment among Fast Food Restaurants is 'ethnic' cuisine. Among the hottest of the hot is Chinese / Japanese. There should be no surprise, considering that Chinese food has 97% awareness (1) in the United States, with a wide base of appeal across the adult population. In fact, Chinese food is so ingrained in the American culture that it is no longer considered ethnic.(2) (1) The Emerging Ethnic Foods Market. U.S. Consumer Intelligence, June 2004 (2)- Ethnic Cuisines, National Restaurant Association, 2003 Benefits 1. Stable Sales 2. Training 3. Training Management Skills 4. Co-Advertising 5. Food Distribution Channels 6. Developing New Menu Items 7. Lease Negotiations