- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$349K - $672K
- Units as of 2022
-
5 25.0% over 3 years
Company Overview
About Daiichi Ramen
Industry | Food |
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Related Categories | Miscellaneous Full-Service Restaurants, Asian Food, Food: Full-Service Restaurants |
Founded | 1999 |
Leadership | Paul BQ Ke, CEO |
Corporate Address |
3421 Woodlawn Dr. Honolulu, HI 96822 |
Business Overview
Franchising Since | 2022 (2 years) |
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# of employees at HQ | 10 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 5 (as of 2022) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Daiichi Ramen 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
|
$35,000 |
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Initial Investment
|
$349,000 - $672,000 |
Net Worth Requirement
|
$35,000 |
Cash Requirement
|
$35,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
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 | Daiichi Ramen 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 | 178 hours |
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Classroom Training | 13 hours |
Ongoing Support |
Grand Opening
Site Selection
|
Marketing Support |
Social Media
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
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