Edo Japan Inc.

Japanese fast food

Background

Founded: 1977 Franchising since: 1986
Susumu Ikuta wanted to develop a healthy fast food restaurant, and in 1977 he opened Omi of Japan, a sit-down restaurant in Calgary, Alberta. With the help of his family, Ikuta expanded the chain through Calgary and Vancouver. The company began franchising in 1988.

Now called Edo Japan, the restaurant offers customers a variety of Japanese favorites including teriyaki chicken, spring rolls and sushi.

4838 32nd St. S.E.
Calgary, Alberta T2B 2S6

Phone:
(403)215-8800

Franchisor is a privately-held company with 10 employee(s); 6 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2006	21	64	0	2
2005	--	--	--	--

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $200K-350K
Franchise fee: $25K

Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $200K
Cash liquidity requirement: $150K

Operations

33% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 6
Absentee ownership of franchise is allowed. (97% of current franchisees are owner/operators)