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Happi House
 

A Happi House Teriyaki restaurant is a unique quick service Asian bistro that is one of today's hottest franchise concepts. With a diverse menu featuring teriyaki, tempura, salads, noodle & rice bowls, sandwiches, and snacks, Happi House serves one of the fastest growing restaurant segments - yet is surprisingly easy to operate. Originating in San Jose, CA Happi House has been a successful part of California for over 30 years. Happi House's revolutionary system & favorable costs make it a great choice.

Franchisor Background

Year Established:

  1976

Franchising Since:

  2009

IFA Member



Operating Units:

Franchised Units:0 0%  
Company-Owned Units:6 100%  
 ______ _____  
Total Operating Units:6 100%  
 

Geographic Distribution:

U.S.:6 100% In 1 States
Canada:0 0% In 0 Canadian Provinces
International:0 0% In 0 Foreign Countries
 ______ _____  
Total:6 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    
1. California6

Registered in Following Registration States:

   California

Financial Requirements

Investment:

Minimum Net Worth:$400K
Cash Investment:$100K-200K
Total Investment:$427 - 599K
Average Total Investment:$427K
 

Fees:

Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:4%
Average Royalty:4%
Advertising Fee:2%

Average Number of Employees:

   4 Full-time, 12 Part-time

Space Needs (in square footage):

   1,500 - 2,500

Preferred Sites:

   Free-standing Building, Strip Center

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   Yes

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:6
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 

Marketing Support:

Co-Op Advertising:Yes
National Advertising:No
Regional Advertising:No
Local Advertising:Yes
Marketing Materials:Coupons/rebates, Direct Mailers, Emails, Radio Ads, Site Signs, Television Ads
Additional Services:Grand Opening, In-house Marketing, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Operating Happi House5 weeks
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:5
General Business Experience:4
Specific Industry Experience:3
Formal Education:2
Psychological Profile:3
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:N/A
Asian-American:30%
Hispanic:N/A
Native American:N/A
Other:N/A
Specific Minority:Although we support the objectives of the National Minority Franchising Initiative, we do not have any specific programs in place at this time.

Terms of Contract

Term of Initial Contract:10 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   3
U.S.:Yes, Western States
Canada:No
Overseas:No
 
 
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