Keo Asian Cuisine
- Units as of 2020
-
2 Yearly Data not available50%
- 2020 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$221K - $425K
What Can a Franchise Advisor Do for You? What Can a Franchise Advisor Do for You?
Company Overview
About Keo Asian Cuisine
- Industry
- Food
- Related Categories
- Miscellaneous Full-Service Restaurants, Food, Food: Full-Service Restaurants,
- Founded
- 2007
- Parent Company
- Midtown Cafe Corp., Asian Dining Concepts LLC
- Leadership
- William Hyman, CEO
Franchising Overview
- Franchising Since
- 2017 (4 years)
- # of employees at HQ
- 40
- Where seeking
-
Franchisor is seeking new franchise units in the following regions/states:
Arkansas, Colorado, Kansas, Missouri, Oklahoma, Texas
- # of Units
- 2
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Keo Asian Cuisine 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
- $25,000 - $25,000
- Initial Investment
- $221,000 - $425,000
- Net Worth Requirement
- $500,000 - $10,000,000
- Cash Requirement
- $80,000 - $1,000,000
- Royalty Fee
- 5%
- 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
- Keo Asian Cuisine 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
- 50-200 hours
- Classroom Training
- 10+ hours
- Additional Training
- In corporate store/franchisee's store
- Ongoing Support
-
Purchasing Co-opsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary Software
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- # of employees required to run
- 15
- Are exclusive territories available?
- Yes
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