8/10

Franchimp Summary Rating

8 /10
Lower than 22% of peers

Franchise Summary

Description
You will operate a business as ASIAN Inspired cafe, called OI ASIAN FUSION operating under the Marks and using the System as described in this document, and the Operations Manual.
Company Background
OI ASIAN FUSION is a modern, Asian-inspired caf? created by two sisters who want to bring the best of their childhood memories and cultures to life for new customers. We believe food should be a sensory experience that not only tastes good but also looks beautiful and feels even better. OI ASIAN FUSION will have a vast selection of food from various countries including Malaysia, Singapore, Thailand, China, Japan and Korea as well as our own personal recipes. In addition to scrumptious dishes we offer some traditional beverages such as bubble tea or Thai iced tea with tapioca pearls which are sure to please all our customers!
Franchise Opportunity
You're not sure how to start your own restaurant. Opening a restaurant can seem like a daunting task. There are so many things to think about from the menu to hiring staff, it's hard to know where to start. We've created a comprehensive guide that takes you step-by-step through the entire process of starting and running your own successful restaurant. Our guide includes everything from choosing a location and designing your menu to marketing your business and dealing with difficult customers.
Corporate Structure
We were incorporated on April 3, 2017. Our principal business address is 7242 Canoga Ave., Canoga Park, California 91303, and conduct business under the name Oi Asian Fusion and do not do business under any other name. We do not have any predecessors.
Investment and Franchisee Fees
The total estimated required initial investment ranges from $196,300 to $370,200, of which the Initial Franchise Fee paid to the Franchisor is $25,000 $30,000

Oi Asian Fusion Franchise System Development in 2018

FAQ

How much investment do I need to start my own Oi Asian Fusion business?
We aren't sure how much money you will need to start a Oi Asian Fusion franchise. However, we can tell you that franchisees also operating in the Food & Beverage industry typically require $187,085 to $383,457 investment to start their franchise
What are the initial franchise fees for Oi Asian Fusion?
We don't know exactly how much the franchise fees are for Oi Asian Fusion, but we can tell you that other franchises in the Food & Beverage sector typically need to pay between $13,088 and $18,818 to the franchisor
How much money can I make with a Oi Asian Fusion franchise? What are the average revenues for a typical Oi Asian Fusion business?
We haven’t done the math on how much revenue a typical Oi Asian Fusion brings in each year. We estimate that other franchisees in the Food & Beverage industry generate $1,201,697 revenue, so we would expect Oi Asian Fusion to generate a similar amount
How long do I need to commit to running a Oi Asian Fusion 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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