15 Modern Asian Food Franchises
Asian delicacies is among the hottest of meals on the planet.
So you’re in search of a scrumptious and profitable franchise then your in the right place. In this article we talk about 10 wonderful choices. Let’s get began!
With the growing popularity of Asian foods, modern franchises are providing new opportunities to those who want to make their mark in the Asian food industry.
What’s an Asian Meals Franchise?
It is a kind of restaurant that makes a speciality of serving meals from Asian, Chinese meals, Japanese, Thai, Indian, and different varieties of meals.
Franchises are usually quick informal or fast service eating places.
1. Manchu Wok
Manchu Wok is a well-known chain of Asian restaurants that first opened in Canada in the 1980s.
Over time, the brand has spread throughout the world, with over 150 locations in more than twenty countries.
The company is also open to franchising, with over 70 percent of its restaurants operating under franchise agreements. Franchise opportunities with Manchu Wok are available in many locations, including shopping mall food courts and nontraditional locations.
Investing in a Manchu WOK Asian Food Franchise is not cheap. The cost to open one can be anywhere from $447,000 to $745500, with an initial investment fee of $30,000 required.
However, once you get your license, you can then start operating your business under the Manchu Wok name and brand. In addition to Chinese-inspired cuisine, Manchu WOK is also introducing a deep-fried cheesecake to North America.
2. Teriyaki Madness
Teriyaki Madness is one of the most popular Asian food franchises, and for good reason. The brand has grown to be a leader in the industry, with average unit volumes well over $1 million.
And, as a franchisee, you’ll benefit from a proven business model and low startup costs. With a low starting investment, this fast-casual chain is an attractive choice for first-time restaurateurs. The company’s flexible franchise model allows you to operate multiple locations or even open start-up ventures.
With a menu that is intuitive for both employees and customers, Teriyaki Madness is an easy business to open and operate.
Its high-margin average unit volume and four-year consecutive same-store sales growth make it a great opportunity for first-time and experienced franchisees alike. Moreover, Asian fast-casual food is one of the fastest-growing segments of the restaurant industry.
3. Pei Wei Asian Eatery
After a brief period of stagnation, Pei Wei Asian Eatery recently acquired a new name and new management. It also relocated to Irving, Texas, and revamped its online presence.
The new leadership is focused on making ordering faster and easier, while also updating and reinvigorating every aspect of the Pei Wei operation.
PWD Acquisition LLC, a private equity firm based in California, acquired Pei Wei in 2017. PWD Acquisition owns more than 165 concepts in 23 states, including Pei Wei.
The acquisition will add more diversity to the company’s Asian-focused portfolio. In 2012, P.F. Chang’s China Bistro was purchased by Paulson & Co. Inc., who also owns Leeann Chin and Mandarin Express. The company has about 4,000 employees across all of its locations.
4. Maki of Japan
Maki of Japan is an Asian food franchise with a strong reputation for fresh food. Franchisees receive thorough training before opening their restaurants.
The company currently has 75 food courts in 17 states. Its first location opened in Orlando, Florida, in 1991. In 2000, it began franchising its food.
The company’s founder, Abe Yamamoto, has a varied background in business. His career began with Ernst & Young LLP, based in Miami. He later went on to co-found Wrapido Restaurants in the Miami area. Abe is dedicated to expanding the brand’s reach.
5. Marugame Udon
Marugame Udon is an Asian food franchise with over eight hundred locations worldwide. Besides Japan, it has more than two hundred locations in the US, Russia, and Asia.
It is also part of Capdesia, an international conglomerate that specializes in restaurant and retail development. Marugame Udon is committed to ensuring its franchisees are successful and have the entrepreneurial drive to expand the brand.
Marugame Udon is the largest udon restaurant chain in Japan. It has more than 800 locations in the country and a further 200 overseas. In Tokyo, it has branches in over 70 different locations, including Tokyo Dome City, Shimokitazawa, and Roppongi.
6. Panda Express
Panda Express is a family-owned business that has a long and successful history. Founded in 1983 by Andrew and Peggy Cherng, it offers American-Chinese cuisine.
Today, the company has over 2,000 locations across the United States, Canada, Russia, and the Philippines. Founded in malls, Panda Express expanded its reach by opening stand-alone restaurants in other venues, including hotels, concert venues, and stadiums.
However, the franchise is not currently available for sale. Nonetheless, there are a few things to consider before applying to become a Panda Express franchisee.
First, you should know that franchise fees depend on a variety of factors, including the location and number of units. Second, your profit margin is also affected by a variety of other factors, including labor costs and commercial lease rates.
7. Samurai Sam’s Teriyaki Grill
Samurai Sam’s Teriyaki Grill is a well-established franchise that has been in enterprise for over 20 years. To open one, you’ll want an preliminary funding of between $268,900 and $483,300, together with a modest $30,000 franchise price.
8. Ginger Sushi Boutique
This restaurant franchise serves scrumptious sushi dishes like sushi tacos.
Startup prices for this franchise are between $270,300 and $405,700. The price will differ primarily based in your restaurant design and placement. There’s a $30,000 franchise price together with a 6% royalty price.
9. Tin Drum
The Tin Drum franchise alternative is a good funding for many who have the required $500,000 internet value and $150,00 in liquid capital. The franchise price is $49,000 with an preliminary funding vary of $400,800 – $617,250.
The Yoshinoya franchise alternative has an preliminary funding vary of $385,000 to $1,456,450. The franchise price for the primary retailer is $27,500, and subsequent shops are $24,750.
11. SanSai Contemporary Grill & Sushi Kitchen
SanSai Contemporary Japanese Grill has an preliminary franchise of $35,000. The opposite prices related to opening your new location will vary and also you’ll want to finish their request for data type to get that data.
12. Genghis Grill
Genghis Grill is a franchise alternative that has been round since 1998. The funding per retailer ranges from $350,000 to $975,000, and the corporate is in search of franchisees with a liquidity of $750,000+ and a internet value of $1.5 million+.
13. Teriyaki Expertise
The Teriyaki Expertise franchise alternative appears like a fantastic funding. It has a projected growth value between $265,000 and $380,000, and an preliminary franchise price of $30,000.
The royalty price is 6%, and the promoting fund price is 3%.
14. Pho Hoa
The Pho Hoa franchise alternative has a required liquid funding of $100,000 to $150,000. You’ll want a internet value of not less than $250,000 and an funding of $332,600 to $680,180 to qualify for the franchise. Royalty charges are 4% of product sales and advertising charges are 2%.
15. YO! Sushi
Yo! Sushi is a comparatively new franchise alternative that started franchising in 2015. The corporate has 84 models open and experiences an preliminary funding of $129,075 – $148,375. Royalty charges for the franchise are set at $30,000.