Start-Up Costs and Fees |
||
| Zyng Asian Grill | Rice King | |
| Investment | 212000 - 480000 | 173500 - 395000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1997 | 1982 |
| Year Franchised | 1999 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Zyng Asian Grill | Rice King | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Zyng Asian Grill | Rice King | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Zyng Asian Grill | Rice King | |
| 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 |
||
| Zyng Asian Grill | Rice King | |
| US Expansion | 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, | 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 |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Zyng Asian Grill | |
| Rice King | |
| Franchise Fee | |
| Zyng Asian Grill | |
| Rice King | |
| Royalty Fee | |
| Zyng Asian Grill | 5% |
| Rice King | |
| Advertising Fee | |
| Zyng Asian Grill | |
| Rice King | |
| Year Founded | |
| Zyng Asian Grill | 1997 |
| Rice King | 1982 |
| Year Franchised | |
| Zyng Asian Grill | 1999 |
| Rice King | 1996 |
| Term Of Agreement | |
| Zyng Asian Grill | 10 years |
| Rice King | |
| Renewal Fee | |
| Zyng Asian Grill | |
| Rice King | |
Business Experience Requirements |
|
| Experience | |
| Zyng Asian Grill | Industry experience General business experience Marketing skills |
| Rice King | |
Financing Options |
|
| Franchise Fees | |
| Zyng Asian Grill | No |
| Rice King | No |
| Start-up Costs | |
| Zyng Asian Grill | |
| Rice King | |
| Equipment | |
| Zyng Asian Grill} | |
| Rice King | |
| Inventory | |
| Zyng Asian Grill | |
| Rice King | |
| Receivables | |
| Zyng Asian Grill | |
| Rice King | |
| Payroll | |
| Zyng Asian Grill | |
| Rice King | |
Training & Support |
|
| Training | |
| Zyng Asian Grill | Additional training periodically |
| Rice King | |
| Support | |
| Zyng Asian Grill | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Rice King | |
| Marketing | |
| Zyng Asian Grill | Co-op advertising, Ad slicks, National media, Regional advertising |
| Rice King | |
| Operations | |
| 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) |
| Rice King | |
Expansion Plans |
|
| US Expansion | |
| 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, |
| 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 |
| Canada Expansion | |
| Zyng Asian Grill | 0 |
| Rice King | |
| International Expansion | |
| Zyng Asian Grill | |
| Rice King | |