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Gyu-Kaku Japanese BBQ Restaurant
Gyu-Kaku Japanese BBQ Restaurant is a chain of Japanese restaurants with over 700 locations across the globe. Customers sit at tables that come with their own miniatures grill. While seated, the diners become the chefs, taking the raw meat that they order from the menu and cooking it to their liking. The communal experience of preparing the food is a hit with international diners. More about the cost of owning a Gyu-Kaku Japanese BBQ Restaurant franchise is below.
Facts & figures
Gyu-Kaku Japanese BBQ Restaurant franchisees train at the company headquarters for two months. Thereafter, they receive support in the form of a customized grand opening, newsletters, purchasing help, and meetings. Gyu-Kaku Japanese BBQ Restaurant does permit absentee ownership of its franchise.
Gyu-Kaku Japanese BBQ Restaurant Franchise Opportunities - History
Founded in 1996 in Japan, where the majority of the locations are, Gyu-Kaku Japanese BBQ Restaurant became a real hit when it started franchising in 1997.
What Does a Gyu-Kaku Japanese BBQ Restaurant Franchise Cost?
Gyu-Kaku Japanese BBQ Restaurant Franchise Income
Gyu-Kaku Japanese BBQ Restaurant has a franchise fee of $50,000 for a 10-year renewable agreement, although the total initial investment ranges between $781,793 and $2,110,500. Franchisees must also pay an ongoing royalty fee of 5% on all sales. To be considered for a Gyu-Kaku franchise, interested parties must have a net worth that exceeds two million dollars, with at least $500,000 available in liquid assets.
Gyu-Kaku Japanese BBQ Restaurant Franchise Business Opportunities: Other Information
Though the company owns a handful of its own restaurants, Gyu-Kaku Japanese BBQ Restaurant has recently made a push to sell the corporate-owned locations to new or existing franchisees. The figure of company-owned Gyu-Kaku Japanese BBQ Restaurants went from nearly 100 to about one dozen in the span of a year. Expansion to America has taken off more recently. Locations can now be found in California, New York, Illinois, and Hawaii. Gyu-Kaku Japanese BBQ Restaurant sells its own brands of kimchi, marinades, and dipping sauce available in some grocery stores.
