Asian cuisine is one of the most popular types of food in the world, and as a result, there are many franchises to choose from. From Chinese takeaways to sushi bars, there’s something for everyone here.
So if you’re looking for a delicious and lucrative franchise opportunity, be sure to check out the 10 amazing options in this article. Let’s get started!
What is an Asian Food Franchise?
It is a type of restaurant that specializes in serving food from Asian countries. This can include Chinese, Japanese, Thai, Indian and other types of food from the region.
Franchises in this category are typically fast-casual or quick-service restaurants, although there are also some full-service options.
The Asian food industry in 2022
By 2022, the Asian food restaurant industry is worth hundreds of billions of dollars worldwide. One of the most popular trends in restaurants is the rise of rice bowls.
Hawaiian barbeque, for example, is a type of rice bowl usually made with grilled chicken, pineapple, and vegetables. This dish has become increasingly popular in recent years, due to its convenience and healthy nature.
Why you should consider an Asian food franchise
This specific food industry is booming and will only continue to grow in the coming years.
Here are five reasons why people should start an Asian fast food restaurant franchise like a Chinese restaurant in 2022:
- Very profitable industry. The Asian food restaurant industry offers one of the most popular and profitable types of cuisine in the world.
- Growth and expansion. The industry is growing rapidly and there is still plenty of room for new franchisees to enter the market and succeed.
- Franchisees have options. There are many different types of franchises in the food industry to choose from, so you can find the perfect concept for your skills and interests.
- Asian cuisine is popular. Whether you’re into young or old, there’s a franchise that will appeal to your target market.
- Franchises offer comprehensive support and training. When you start a franchise, you will benefit from the franchisor’s years of experience and expertise in the industry.
The best Asian food franchises and Asian fast food restaurants
Let’s jump right into our list of top Asian franchises, which includes a sushi shop, Chinese food, and more:
1. Samurai Sam’s Teriyaki Grill
Samurai Sam’s Teriyaki Grill is a well-established franchise that has been in business for over 20 years and is the home of Samurai Sam’s Teriyaki Sauce. To open one, you’ll need an initial investment of between $268,900 and $483,300, including a modest $30,000 franchise fee.
2. Ginger Sushi Boutique
This restaurant franchise serves delicious sushi dishes such as sushi tacos. If you want to serve sushi pizza, you’ll have to look for another franchise.
Start-up costs for this franchise are between $270,300 and $405,700. The cost will vary depending on the layout and location of your restaurant. There is a franchise fee of $30,000 along with a 6% royalty fee.
3. Stay on the road
The Tin Drum franchise opportunity is a great investment for those who have the required net worth of $500,000 and $150,00 in liquid capital. The franchise fee is $49,000 with an initial investment range of $400,800 to $617,250.
The Yoshinoya franchise opportunity has an initial investment range of $385,000 to $1,456,450. The franchise fee for the first store is $27,500, and subsequent stores are $24,750.
The ongoing royalty collection is 5% to 5.5% of net sales, and the advertising fee is 3.5% of net sales. The opening fee is $12,000.
5. SanSai Fresh Grill & Sushi Kitchen
SanSai Fresh Japanese Grill has an initial franchise of $35,000. Other costs associated with opening your new location will vary and you will need to fill out the information request form to obtain this information.
6. Genghis Grill
Genghis Grill is a franchise opportunity that has been around since 1998. The investment per store ranges from $350,000 to $975,000, and the company is looking for franchisees with more than $750,000 in cash and a net worth of 1.5 million dollars or more.
7. Teriyaki experience
The Teriyaki Experience franchise opportunity sounds like a great investment. It has an expected development cost of $265,000 to $380,000, and an initial franchise fee of $30,000.
The copyright fee is 6% and the advertising fund fee is 3%.
8. Pho Hoa
The Pho Hoa franchise opportunity has a required liquid investment of $100,000 to $150,000. You’ll need a net worth of at least $250,000 and an investment of $332,600 to $680,180 to qualify for the franchise. Royalty fees are 4% of gross sales and marketing fees are 2%.
9. Yo! sushi
Me! Sushi is a relatively new franchise opportunity that began franchising in 2015. The company has 84 units open and reports an initial investment of $129,075 – $148,375. Franchise fees are set at $30,000.
10. Wok box
Wok Box is a quick service Asian restaurant concept specializing in authentic street food from all over Asia. Your franchise has an initial investment of $350,000 to $425,000. The initial franchise fee is $25,000 and the royalty fee is 6%. The advertising fee is 3%.
How to choose the best franchise to set up your Asian food restaurant
Choosing the best restaurant franchise opportunity is a serious process. There are many factors to consider, such as whether you offer fast casual or traditional table service, location, what type of food you serve, and more.
Here are four tips to help you choose the best franchise:
Do your research
There are many franchise directories available online and in print. These can be great resources for information on different franchise opportunities.
Get financial advice
Before making any decision, it is important to get financial advice from a qualified professional. They will help you understand the costs associated with setting up and running a franchise business.
Choose an experienced franchisor
The franchisor must have a proven track record in the sector. They should also have a good reputation with franchisees.
Get expert advice
It is always a good idea to get expert advice before making important decisions. You can speak with an attorney or franchise consultant to learn more about the best franchise opportunity for you.
How much does it cost to open an Asian food franchise?
This depends on many factors. On the low end, you can expect to spend about $35,000 to open a small franchise.
To open a larger store or locate it in a prime location, you can expect to pay up to $1.5 million.
Are Asian Food Franchises Profitable?
Yes, they can be quite profitable. The key is to choose a franchise that has a proven track record and is well established in the market.
You’ll also need to make sure you’re in a good location with a lot of foot traffic.
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