5/10

Franchimp Summary Rating

8 /10
Lower than 21% of peers

Franchise Summary

Description
The Franchise offered is for a quick service restaurant known as "Asian Chao" which featuresa wide variety of Oriental dishes, including a large selection of chicken, beef, and seafood dishes alongwith Chinese favorites such as Sweet N Sour Chicken, Beef with Broccoli, Lo Mein, and a variety ofvegetarian tofu dishes.
Company Background
Asian Chao(R) is a fast casual restaurant chain that offers delicious Asian cuisine to customers. Founded in 2007, the company has grown from one location to over 50 locations nationwide. They offer a range of chicken, beef, and seafood dishes along with traditional Chinese favorites such as Sweet N Sour Chicken, Beef with Broccoli, Lo Mem, and vegetarian tofu dishes.
Franchise Opportunity
There are many restaurants that serve Asian cuisine, but none of them offer the wide range of menu items offered by Asian Chao(R). While most other restaurants only specialize in one type of food (i.e., Chinese, Thai), we've got something for everyone's taste buds! Whether it's your favorite chicken dish or a healthy vegetarian option you're craving, we have what you want at prices so low they'll make your head spin and leave room for dessert too! Our extensive menu offers over 200 different dishes to choose from and our delicious sauces will keep you coming back again and again. We know how difficult it is to find a restaurant with such an extensive list of options that still maintains quality service and affordable prices; which is why we're offering this franchise opportunity to anyone who wants to be their own boss while earning extra income working around their schedule. We also provide all necessary training materials needed for success as well as ongoing support throughout the life

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Management Team

# Name Position

Distribution of Asian Chao Franchisees

Asian Chao Franchise System Development in 2018

FAQ

How much investment do I need to start my own Asian Chao business?
Franchisees typically require at least $670 to $1 investment to get their Asian Chao business started
What are the initial franchise fees for Asian Chao?
Franchisees typically need to pay at least $35 in fees directly to Asian Chao in order to earn the right to launch their business
How much money can I make with a Asian Chao franchise? What are the average revenues for a typical Asian Chao business?
We haven’t done the math on how much revenue a typical Asian Chao brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Asian Chao to generate a similar amount
How long do I need to commit to running a Asian Chao unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $213,540 to $475,750 which is Much Lower than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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