3/10

Franchimp Summary Rating

5 /10
Higher than 54% of peers

Franchise Summary

Description
The franchise is offered for the rights to operate a Thai Express franchised restaurant, a retail quick service restaurant selling “Thai-style” foods and drinks, and other menu items using the trademark THAI EXPRESS™.
Company Background
Thai Express is a franchised quick service restaurant that specializes in Thai-style cuisine. The company offers franchise opportunities for the rights to operate a Thai Express franchised restaurant, retail quick service restaurant selling "Thai-style" foods and drinks, and other menu items using the trademark THAI EXPRESS(TM).
Franchise Opportunity
The franchise is offered for the rights to operate a Thai Express franchised restaurant, a retail quick service restaurant selling "Thai-style" foods and drinks, and other menu items using the trademark THAI EXPRESS(TM). Franchisees will be able to choose from several different store formats that can be located in shopping centers, airports or any location where there is sufficient pedestrian traffic. Franchises are also available outside of Thailand through our international network of licensees.
Corporate Structure
MTY Franchising USA, Inc. is a Delaware corporation that was incorporated on March 14, 2001 to operate a franchising business in the United States under the name “The Extreme Pita.” They changed their corporate name from The Extreme Pita Franchising USA, Inc. in July 2014. Their principal business address in the United States is 9311 East Via de Ventura, Scottsdale, Arizona 85258, their head office for North America is 8150, Route Transcanadienne, Suite 200, Ville Saint-Laurent. Quebec, H4S 1M5, Canada. They began offering Thai Express Unit Franchises in the United States in February 2015.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

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

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Thai Express Franchisees

Thai Express Franchise System Development in 2022

FAQ

How much investment do I need to start my own Thai Express business?
Franchisees typically require at least $350 to $794 investment to get their Thai Express business started
What are the initial franchise fees for Thai Express?
Franchisees typically need to pay at least $40 in fees directly to Thai Express in order to earn the right to launch their business
How much money can I make with a Thai Express franchise? What are the average revenues for a typical Thai Express business?
We haven’t done the math on how much revenue a typical Thai Express brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Thai Express to generate a similar amount
How long do I need to commit to running a Thai Express unit? What is my contractual commitment?
Thai Express franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

5 /10
The Franchisor's investment costs ranges from $350,400 to $794,500 which is Much Higher 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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