Hibachi Grill

Japanese food
Units as of 2020
N/A Yearly Data not available
2020 Franchise 500 Rank
N/R Not ranked last year
Initial investment
$312K - $365K

Company Overview

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About Hibachi Grill

Industry
Food
Related Categories
Asian Food, Food,
Founded
2010
Leadership
Adel Nassar, CEO

Franchising Overview

Franchising Since
2018 (3 years)
# of employees at HQ
10
Where seeking
Franchisor is seeking new franchise units worldwide.

Franchisor Information

Social
Instagram
Corporate Address
2131 S.W. 2nd Ave.
Miami, FL 33129

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Hibachi Grill 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
$29,900 - $29,900
Initial Investment
$311,900 - $364,900
Net Worth Requirement
$29,900
Cash Requirement
$29,900
Royalty Fee
5-6%
Term of Agreement
10 years
Is franchise term renewable?
Yes

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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
Hibachi Grill has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
80 hours
Classroom Training
16 hours
Ongoing Support
Grand Opening
Marketing Support
Social Media

Operations

Additional details about running this franchise.

Are exclusive territories available?
Yes

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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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