Start-Up Costs and Fees |
||
| Rice King | Zyng Asian Grill | |
| Investment | 173500 - 395000 | 212000 - 480000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1982 | 1997 |
| Year Franchised | 1996 | 1999 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Rice King | Zyng Asian Grill | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Rice King | Zyng Asian Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Rice King | Zyng Asian Grill | |
| Training | Additional training periodically | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Rice King | Zyng Asian Grill | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Rice King | |
| Zyng Asian Grill | |
| Franchise Fee | |
| Rice King | |
| Zyng Asian Grill | |
| Royalty Fee | |
| Rice King | |
| Zyng Asian Grill | 5% |
| Advertising Fee | |
| Rice King | |
| Zyng Asian Grill | |
| Year Founded | |
| Rice King | 1982 |
| Zyng Asian Grill | 1997 |
| Year Franchised | |
| Rice King | 1996 |
| Zyng Asian Grill | 1999 |
| Term Of Agreement | |
| Rice King | |
| Zyng Asian Grill | 10 years |
| Renewal Fee | |
| Rice King | |
| Zyng Asian Grill | |
Business Experience Requirements |
|
| Experience | |
| Rice King | |
| Zyng Asian Grill | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Rice King | |
| Zyng Asian Grill | |
| Start-up Costs | |
| Rice King | |
| Zyng Asian Grill | |
| Equipment | |
| Rice King} | |
| Zyng Asian Grill | |
| Inventory | |
| Rice King | |
| Zyng Asian Grill | |
| Receivables | |
| Rice King | |
| Zyng Asian Grill | |
| Payroll | |
| Rice King | |
| Zyng Asian Grill | |
Training & Support |
|
| Training | |
| Rice King | |
| Zyng Asian Grill | Additional training periodically |
| Support | |
| Rice King | |
| Zyng Asian Grill | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Rice King | |
| Zyng Asian Grill | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Rice King | |
| Zyng Asian Grill | Franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit Number of employees needed to run franchised unit: 9 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Rice King | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Zyng Asian Grill | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Canada Expansion | |
| Rice King | |
| Zyng Asian Grill | 0 |
| International Expansion | |
| Rice King | |
| Zyng Asian Grill | |