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Below is an in-depth analysis and side-by-side comparison of Bann Thai 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 | $224,000 - $603,000 | $785,281 - $2,120,001 |
Franchise Fee | $30,000 | $50,000 |
Royalty Fee | 5% | 5% |
Advertising Fee | - | 1.5% |
Year Founded | 2010 | 1996 |
Year Franchised | 2013 | 1997 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | DRIVER Has written and actionable goals Focus on the end result, regardless of the amount of time it takes to get there. Plan and act towards desired goals better than current circumstance Focus on what is going right, regardless of what is going wrong If this sounds like you, we are looking for you. | - |
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 | - | - |
NO LONGER FRANCHISING