SHIKAO Grill Fish Master franchise opportunities
SHIKAO, founded in 2019, is a grilled fish brand, being famous with Tofu grilled fish.
The founder of SHIKAO, master of third generation Sichuan cuisine, constantly creates better way of grilling fish, because of his love for grilled fish and his endless taste of fish. After trying more than 100 kinds of ingredients, he finally found the perfect combination of fresh tofu pudding freshly ground from Northeast organic certified black beans and the unique composite grilled fish sauce with secret golden ratio taste, upgrading the gourmet's taste experience of being loyal to themselves and following their own heart.
Younger design of brand, space and dish presentation. In the future, the brand strives to capture the preferences and dietary habits of young people, and becomes a more popular grilled fish brand among young people.
We have already signed contracts and opened over 200 stores. In the future, our vision is to open over 1000 restaurants within 5 years.
- Focusing on becoming most favorite Grilled Fish brand among youth through younger logo design, restaurant design, and dish design, and capturing youth’s preference and way of dinning.
- Selected High-Quality Black Soybean, Traditional Handmade Crafted Ground Tofu Pudding, Free tofu pudding refill
- Brand has stronger competitiveness because of composed product structure and improved rate of repurchasing
DETAILED FRANCHISE DESCRIPTION
- Price positioning: 60-70RMB per person
- Business District Positioning: Commercial Complex
- Target audience: around 20-30 years old, white-collar workers, couples, salaried class
- Selection attribute: shopping, leisure, and dining tend to choose fast fashion items
- Regional positioning: facing nationwide stores
- Monthly average floor area efficiency: around 5000
SIZE OF area
Store Size: Reserve Store 230-270 ㎡, Standard Store 160-230㎡
15. FRANCHISE OFFER
- Franchise fees (including related terms)
- Initial fee: 30,000 USD per store
- Deposit: 5,000 USD (refundable after 3 years)
- Royalty: 5%
- Franchise term: 3 years for single store / 6 years for national exclusive right
- Supporting service list and description
- Store design: including both front&back areas
- Training: 15 days of training in Guangzhou ( Recommend over 3 employee to attend)
- onsite support: 15 days supporting from one manager - local partner pays for all supporting cost including with transportation, accommodation and meals.
- SOPs for all store positions.
- R&D: new Product / local product R&D
- Marketing: annual plan share, store promotion suggestion, KV sharing
- Operation support: sustainable operation support, sales enhancement, monthly meeting to help franchisees continuously improve operating efficiency and service quality.
How much does the SHIKAO Grill Fish Master franchise cost?
SHIKAO Grill Fish Master has a franchise fee ranges of $30,000, with a total initial investment of $223,000.
Initial Investment: $223,000
200㎡ store investment (without Franchise fee) | ||
---|---|---|
Cost in CNY (USD) | Comments | |
Rental | 40,000 CNY~(5,500usd) | Depend on local price |
Dorm | 8000 CNY ~(1,200usd) | Depend on local price |
Design | 35,000 CNY ~(5,000usd) | Front&Back room |
Decoration | 873,000 CNY~(125,000usd) | depends on local price (including all decoration) |
Outdoor Decoration | 85,000 CNY~(12,000usd) | outdoor logo and LED |
Equipments | 454,500 CNY~(63,000usd) | -Air Condition: 95,000CNY -rotary equipment (induction cooker, chair table, cabinet, etc.) 90,000 CNY; -Kitchen equipment (freezer, operating table, soup stove, washing basin, oil-water separator, dishes and spoons, etc.) 260,000 CNY; |
Promotion | 50,000 CNY~(7,000usd) | social media, post, promotion material |
opening payment | 150,000 CNY~(21,000usd) | raw materials, salary, and others for the first several months. |
Total | 1,6505,00.00 ~(240,000usd) |
Payback period: 18 months
Average turnover per month: $90,000
Royalties: 5%
Franchise fees: $30,000
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BUSINESS MODEL
- Initial Investment
200㎡ store investment (without Franchise fee) | ||
---|---|---|
Cost in CNY (USD) | Comments | |
Rental | 40,000 CNY~(5,500usd) | Depend on local price |
Dorm | 8000 CNY ~(1,200usd) | Depend on local price |
Design | 35,000 CNY ~(5,000usd) | Front&Back room |
Decoration | 873,000 CNY~(125,000usd) | depends on local price (including all decoration) |
Outdoor Decoration | 85,000 CNY~(12,000usd) | outdoor logo and LED |
Equipments | 454,500 CNY~(63,000usd) | -Air Condition: 95,000CNY -rotary equipment (induction cooker, chair table, cabinet, etc.) 90,000 CNY; -Kitchen equipment (freezer, operating table, soup stove, washing basin, oil-water separator, dishes and spoons, etc.) 260,000 CNY; |
Promotion | 50,000 CNY~(7,000usd) | social media, post, promotion material |
opening payment | 150,000 CNY~(21,000usd) | raw materials, salary, and others for the first several months. |
Total | 1,6505,00.00 ~(240,000usd) |
- estimation of finance performance (COS, Labor, rental for international stores)
Store Concept | Standard Store |
Investment | 1,650,500 CNY |
Gross sales | 650,000 CNY |
Per person ticket | 65 |
Gross profit | 58% |
Labor cost | 20% |
Net profit | 13% |
Payback period | 18 month |
Average rental agreement term | 36 month |
Store size | 200 m2 |
- ROI and PP
ROI with 15% average with 18 month.
FRANCHISE ADVANTAGES
- Signed contracts with over 200 newly opened stores. Currently, we have settled in popular shopping malls and districts in various regions: Zhengjia Plaza, Wanda Plaza, Shenzhen Coastal City, and Haiya Colorful City Yitian Jinmao Square, Daqianli Square, Junyi Wanbang and more.
- Ranked 1st on Dianping Guangzhou Sichuan Cuisine Flavor List
- Youth oriented brand strategy + excellent execution ability=attract more young people
- Focusing on more young consumer groups to meet their pursuit of high quality of life
- Comprehensive brand system + chain capability=brand effect (Fast chain, continuous operation, able to quickly establish large-scale brand effects in the region, and give the brand a good reputation)
- Product control+professional operation=stable and sustainable (SHIKAOP becomes a more stable, safe, and valuable business partner in the commercial community)
- Unique product selling point: freshly ground tofu pudding grilled fish (Create the value of freshly ground tofu pudding and avoid the competition of category homogenization)