Asian cuisine is one of the most popular types of food in the world, and as a result, there are plenty of franchises to choose from. From Chinese food takeout 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?
This is a type of restaurant that specializes in serving food from Asian countries. This can include Chinese food, 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 some full-service options as well.
- READ MORE: See our Franchise Guide
The Asian Food Industry in 2022
In 2022, the Asian food restaurant industry is worth hundreds of billions of dollars globally. One of the most popular trends in restaurant dining is the rise of rice bowls.
Hawaiian barbecue, for example, is a type of rice bowl that is typically 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 is only going to continue to grow in the years to come.
Here are five reasons people should start an Asian fast food restaurants franchise like a Chinese restaurant in 2022:
- Extremely 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 catering to the 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’ll benefit from the franchisor’s years of experience and expertise in the industry.
- READ MORE: 15 Health Food Franchise Opportunities
General Criteria for Choosing the Best Asian Food Franchise: Our Methodology
To bring you the top Asian food franchise opportunities, we used an objective list of criteria. We evaluate these criteria on a scale of importance from 1 to 5, with 5 being the most critical:
- Menu Diversity (5/5):
- A wide variety of Asian dishes and cuisines on the menu, catering to different tastes and dietary preferences.
- Quality of Ingredients (5/5):
- Fresh, high-quality ingredients used in food preparation, ensuring delicious and healthy options.
- Franchise Reputation (4/5):
- A strong and positive reputation in the franchise industry is important. Franchises with a history of success and customer satisfaction are more likely to provide support and a proven business model.
- Location and Accessibility (5/5):
- Location is crucial for foot traffic and customer accessibility. Proximity to business districts, schools, or other high-traffic areas can significantly impact success.
- Training and Support (4/5):
- Comprehensive training programs and ongoing support from the franchisor are vital for success. This includes staff training, marketing support, and operational assistance.
- Costs and Fees (3/5):
- Evaluate the initial franchise fee, startup costs, and ongoing royalty fees. Ensure they align with your budget and financial resources.
- Customer Base and Demand (4/5):
- Assess the demand for Asian food in your target market. A franchise located in an area with a high demand for Asian cuisine is more likely to thrive.
- Marketing and Advertising Support (4/5):
- Franchises that provide marketing materials, strategies, and advertising support help you attract and retain customers more effectively.
- Flexibility and Customization (3/5):
- Some franchises offer more flexibility in menu customization than others. Depending on your preferences, this criterion may vary in importance.
- Health and Dietary Options (4/5):
- Consider the availability of healthy and dietary-specific options. Meeting the needs of various customer preferences can expand your customer base.
Top 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 home to Samurai Sam’s teriyaki sauce. The chain has a quality reputation and strong brand presence in markets around the country. 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 a variety of delicious sushi dishes like sushi tacos. If you’re looking to serve sushi pizza, you’ll need to look for another franchise.
Startup costs for this franchise are between $270,300 and $405,700. The cost will vary based on your restaurant design and location. There’s a $30,000 franchise fee along with a 6% royalty fee.
3. Tin Drum
The Tin Drum franchise opportunity is a great investment for those who have the required $500,000 net worth and $150,00 in liquid capital. The franchise fee is $49,000 with an initial investment range of $400,800 – $617,250.
4. Yoshinoya
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 continuing royalty collection is 5% to 5.5% of net sales, and the advertising fee is 3.5% of net sales. The grand opening fee is $12,000. The company provides training, marketing, and advertising support, among other benefits.
5. SanSai Fresh Grill & Sushi Kitchen
SanSai Fresh Japanese Grill is known for using quality ingredients and creating healthy menu options. It has an initial franchise of $35,000. The other costs associated with opening your new location will range and you’ll need to complete their request for information form to get that information.
6. Genghis Grill
Genghis Grill is a franchise opportunity that has been around since 1998 with a strong reputation and brand presence. The investment per store ranges from $350,000 to $975,000, and the company is looking for franchisees with a liquidity of $750,000+ and a net worth of $1.5 million+.
7. Teriyaki Experience
The Teriyaki Experience franchise opportunity looks like a great investment. It has a projected development cost between $265,000 and $380,000, and an initial franchise fee of $30,000.
The royalty fee is 6%, and the advertising fund fee is 3%.
8. Pho Hoa
The Pho Hoa franchise opportunity provides access to a concept with high market demand and tons of training and support. The brand 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
Yo! 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. Royalty fees for the franchise are set at $30,000.
10. Wok Box
Wok Box is a quick-service Asian restaurant concept specializing in authentic street food from across Asia. With a varied menu, their franchise has an initial investment range from $350,000 to $425,000. The initial franchise fee is $25,000 and the royalty fee is 6%. The advertising fee is 3%.
| Franchise | Description | Initial Investment | Franchise Fee | Royalty Fee | Advertising Fee |
|---|---|---|---|---|---|
| Samurai Sam's Teriyaki Grill | Well-established franchise specializing in teriyaki cuisine, with over 20 years in business | $268,900 - $483,300 | $30,000 | Not specified | Not specified |
| Ginger Sushi Boutique | Offers delicious sushi dishes, including sushi tacos. Startup costs vary by location | $270,300 - $405,700 | $30,000 | 6% | Not specified |
| Tin Drum | Asian food franchise with an initial investment range of $400,800 - $617,250 | $500,000 net worth, $150,000 liquid capital | $49,000 | Not specified | Not specified |
| Yoshinoya | Offers Japanese cuisine with an investment range of $385,000 - $1,456,450 | Varies | $27,500 (first store) or $24,750 (subsequent stores) | 5% - 5.5% of net sales | 3.5% of net sales |
| SanSai Fresh Grill & Sushi Kitchen | Japanese grill with an initial franchise fee of $35,000 | Not specified | $35,000 | Not specified | Not specified |
| Genghis Grill | Established since 1998, offers investment opportunities with varying costs | $350,000 - $975,000 | Not specified | Not specified | Not specified |
| Teriyaki Experience | Franchise with a projected development cost of $265,000 - $380,000 | Not specified | $30,000 | 6% | 3% |
| Pho Hoa | Vietnamese cuisine franchise with an investment range of $332,600 - $680,180 | $100,000 - $150,000 | Not specified | 4% of gross sales | 2% of gross sales |
| YO! Sushi | Relatively new franchise opportunity specializing in sushi, with 84 units open | $129,075 - $148,375 | Not specified | Not specified | Not specified |
| Wok Box | Quick-service Asian restaurant specializing in authentic street food | $350,000 - $425,000 | $25,000 | 6% | 3% |
- READ MORE: 15 Sushi Franchise Opportunities
Frequently Asked Questions (FAQs)
What is an Asian Food Franchise?
An Asian Food Franchise is a type of restaurant specializing in serving food from Asian countries, including Chinese, Japanese, Thai, Indian, and more. These franchises typically fall into the fast-casual or quick-service restaurant category, although full-service options exist as well.
What is the current status of the Asian food industry in 2022?
In 2022, the Asian food restaurant industry is thriving and globally valued at hundreds of billions of dollars. A notable trend is the popularity of rice bowls, such as Hawaiian barbecue, which has gained recognition due to its convenience and health-conscious nature.
Why should I consider an Asian Food Franchise in 2022?
There are compelling reasons to explore Asian fast food restaurant franchises, including:
- Extremely profitable industry with global appeal.
- Ongoing growth and expansion opportunities.
- A wide range of franchise options catering to diverse skills and interests.
- The popularity of Asian cuisine across different demographics.
- Comprehensive support and training provided by experienced franchisors.
How can I choose the best Asian Food Franchise for my business?
To select the ideal Asian Food Franchise, consider the following criteria, each rated on a scale of 1 to 5 for importance:
- Menu Diversity (5/5)
- Quality of Ingredients (5/5)
- Franchise Reputation (4/5)
- Location and Accessibility (5/5)
- Training and Support (4/5)
- Costs and Fees (3/5)
- Customer Base and Demand (4/5)
- Marketing and Advertising Support (4/5)
- Flexibility and Customization (3/5)
- Health and Dietary Options (4/5)
What are some of the top Asian Food Franchises to consider?
Here’s a list of some noteworthy Asian Food Franchises:
- Samurai Sam’s Teriyaki Grill
- Ginger Sushi Boutique
- Tin Drum
- Yoshinoya
- SanSai Fresh Grill & Sushi Kitchen
- Genghis Grill
- Teriyaki Experience
- Pho Hoa
- YO! Sushi
- Wok Box
How can I get more information about these Asian Food Franchise opportunities?
You can find detailed information about each franchise opportunity, including initial investment requirements, franchise fees, and other relevant details, in the article. Additionally, you can explore their respective websites or contact them directly for inquiries.
Conclusion
The world of Asian food franchises presents a rich tapestry of culinary opportunities for aspiring entrepreneurs. With the industry’s continuing growth, diverse menu options, and the potential for broad appeal, it’s an exciting arena for those looking to venture into the restaurant business. However, success in this field hinges on careful consideration of key criteria, such as menu diversity, ingredient quality, location, and support from the franchisor.
As you embark on your journey to select the best Asian food franchise, remember that thorough research, due diligence, and a passion for delivering exceptional dining experiences will be your greatest assets. Whether you choose a traditional teriyaki grill or an innovative sushi concept, the Asian food franchise industry is poised for a flavorful future. Embrace this culinary adventure, and with dedication and a commitment to quality, you can savor the sweet taste of entrepreneurial success in the world of Asian cuisine.
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