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Entrepreneur: Start & Grow Your Business

Asian Chao/Maki of Japan/Chao Cajun

Asian fast food

Background

Founded: 1991 Franchising since: 2001
385 Commerce Wy.
Longwood, Florida 32750
Phone:
(407)830-5338


Franchisor is a privately-held company with 20 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 20 0 0 45
2006 21 0 0 42
2005 18 0 0 40

Where Seeking Franchisees
In the U.S. Florida, Georgia, Massachusetts, North carolina, New york, Ohio, Tennessee, United states

Costs and Fees

Total investment: $330K-475K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No Yes

Qualifications
Net worth requirement: $250K-300K
Cash liquidity requirement: $100K-250K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • 75% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5 - 6
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: 2 weeks

Ongoing Support
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Other marketing support
  • Mall advertising

Rankings

Franchise 500® rank:
#500 (2008); #489 (2007);