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Below is an in-depth analysis and side-by-side comparison of Tin Drum Asia Cafe 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 | $400,800 - $617,250 | $785,281 - $2,120,001 |
| Franchise Fee | $49,000 - $99,000 | $50,000 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 1.5% | 1.5% |
| Year Founded | 2003 | 1996 |
| Year Franchised | 0 | 1997 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | 50% 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 | -/- | -/- |
| 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 | We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses. | Number of employees required to run: 20 |
Expansion Plans |
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| US Expansion | No | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |