8/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Franchise Summary

Description
The franchises described in this disclosure document are for the operation of YOGIS GRILL Restaurants offering high-quality Japanese cuisine at reasonable prices.
Company Background
Yogis Grill is the first Japanese grill restaurant franchise. Our mission is to provide high-quality cuisine at reasonable prices for everyone, and our unique value proposition is that we are a healthy alternative to other restaurants. We are looking for food lovers who want to be part of our growing team.
Franchise Opportunity
The franchises described in this document are for the operation of YOGIS GRILL Restaurants offering high-quality Japanese cuisine at reasonable prices. Yogis Grill is a unique restaurant concept that combines the best of both worlds, namely; traditional Japanese food and American casual dining. Our restaurants offer an extensive menu with over 60 items including appetizers, soups, salads, rice and noodle dishes, hibachi entrees and desserts. We also have a full bar featuring beer on tap as well as wine by the glass or bottle. If you're looking to own your own business but don't want to start from scratch then consider becoming part owner in one of our Yogis Grill franchises .Our franchisees enjoy long term financial success because we provide them with everything they need to succeed including training programs for staff members and managers , marketing assistance , operational support systems , vendor relationships , accounting services etc.. As an added bonus we will even
Corporate Structure
We are an Arizona corporation incorporated on June 27, 2007 to franchise and administer businesses ("Restaurants") using the mark YOGIS GRILL. We do not do business under any other name and Our principal business address is 1130 Grove Avenue, Suite 104, Mesa, AZ, 85210; telephone (949) 922 1245. Our agents for service of process are listed on Exhibit E.
Investment and Franchisee Fees
The estimated total investment necessary to begin operation of each franchise is $244,550 to $513,850. This includes $30,000 that must be paid to the franchisor. If You are an Area Developer, You are required to pay Us a nonrefundable Development Fee equal to the Initial Franchise Fee for the first Required Restaurant plus $10,000 for each additional Required Restaurant

Earnings Transparency

7 /10
This Franchise discloses slightly more 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

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. QSR Industry

$1,243,175 / unit

Franchise Type: Standard

Average Revenue During 2020

$1,243,175
$682,074
Industry Low
$2,967,296
Industry High

Employee Contact Database

# Name Position Phone Number Email Address

Yogis Grill Franchise System Development in 2020

Historical Yogis Grill System Growth

FAQ

How much investment do I need to start my own Yogis Grill business?
Franchisees typically require at least $244 to $513 investment to get their Yogis Grill business started
What are the initial franchise fees for Yogis Grill?
Franchisees typically need to pay at least $30 in fees directly to Yogis Grill in order to earn the right to launch their business
How much money can I make with a Yogis Grill franchise? What are the average revenues for a typical Yogis Grill business?
We haven’t done the math on how much revenue a typical Yogis Grill brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,243,175 revenue, so we would expect Yogis Grill to generate a similar amount
How long do I need to commit to running a Yogis Grill unit? What is my contractual commitment?
Yogis Grill franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

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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