Akti Bao
Asian street food- 2023 Franchise 500 Rank
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N/R Not ranked last year
- Initial investment
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$298K - $371K
- Unit data is unavailable
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N/A
Company Overview
About Akti Bao
Industry | Food |
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Related Categories | Asian Food, Food: Quick Service |
Founded | 2016 |
Leadership | Alvaro Dutari, CEO |
Corporate Address |
100 Kings Point Dr., #918 Sunny Isles Beach, FL 33160 |
Business Overview
Franchising Since | 2021 (2023-2021 years) |
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# of employees at HQ | 10 |
Where seeking |
This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
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Information for Franchisees
Here's what you need to know if you're interested in opening a Akti Bao franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
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$35,000 |
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Initial Investment
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$297,750 - $371,000 |
Net Worth Requirement
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$35,000 |
Cash Requirement
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$35,000 |
Royalty Fee
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5% |
Ad Royalty Fee
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1% |
Term of Agreement
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10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Akti Bao has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 70 hours |
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Classroom Training | 10 hours |
Ongoing Support |
Grand Opening
Site Selection
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Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
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No |
Can this franchise be run part time?
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No |
Are exclusive territories available?
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Yes |
Interested in ownership opportunities like Akti Bao? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Akti Bao landed on this year's Franchise 500 Ranking versus previous years.
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