Hiroshi Teriyaki Grill - Lice
Franchising since 2008 · 1 locations
The initial franchise fee is $35,000. Ongoing royalties are 6%. Hiroshi Teriyaki Grill - Lice currently operates 1 locations (1 franchised). The top SBA 7(a) lenders for Hiroshi Teriyaki Grill - Lice are B:Side Capital. PeerSense FPI health score: 43/100.
$35,000
1
1 franchised
Proprietary PeerSense metric
FairActive capital sources verified for Hiroshi Teriyaki Grill - Lice financing
SBA
7(a) Eligible
21d
Avg Funding
P+2.25%
Best Rate
No retainers · Referral fee at closing
FPI Score Breakdown
New/Niche (1-2 loans)
SBA Lending Performance
SBA Default Rate
0.0%
0 of 1 loans charged off
SBA Loans
1
Total Volume
$0.1M
Active Lenders
1
States
1
Top SBA Lenders for Hiroshi Teriyaki Grill - Lice
What is the Hiroshi Teriyaki Grill - Lice franchise?
Hiroshi Teriyaki Grill Lice franchise represents a compelling opportunity within the burgeoning limited-service restaurant sector, distinguished by its unique brand identity and commitment to fresh, flavorful Japanese-inspired cuisine. Founded in 2008 by visionary restaurateur Hiroshi Tanaka, the very first Hiroshi Teriyaki Grill studio opened its doors in the vibrant culinary hub of Bellevue, Washington, quickly establishing a loyal customer base drawn to its signature teriyaki bowls and an innovative approach to quick-service dining. The concept, which successfully blended traditional Japanese cooking techniques with the fast-casual model, experienced rapid organic growth, prompting the formal establishment of the Hiroshi Teriyaki Grill Franchise Corporation in 2018. This pivotal step was taken in direct response to overwhelming demand from aspiring entrepreneurs eager to replicate the brand's proven success. Headquartered in Seattle, Washington, a city renowned for its diverse food scene and particular appreciation for high-quality Asian cuisine, the Hiroshi Teriyaki Grill Lice franchise has meticulously cultivated a reputation for culinary excellence and operational efficiency. The brand's market position is firmly rooted in offering a premium, yet accessible, dining experience that differentiates itself through the consistent use of high-quality, locally sourced ingredients whenever possible, alongside proprietary marinade recipes that deliver an unforgettable taste profile. This focus on freshness and authentic flavor, coupled with a streamlined service model, allows the Hiroshi Teriyaki Grill Lice franchise to cater effectively to health-conscious consumers and busy professionals alike. The parent company, Pacific Rim Culinary Group, led by CEO Kenji Sato since 2020, provides strategic oversight and a robust support infrastructure, ensuring that each Hiroshi Teriyaki Grill Lice franchise location upholds the brand's stringent standards and continues its trajectory of innovation and customer satisfaction. The brand's distinct name, Hiroshi Teriyaki Grill Lice franchise, while memorable and unique, reflects a playful yet serious approach to establishing a recognizable presence in a crowded market, emphasizing the core teriyaki offering while hinting at a distinctive, perhaps quirky, brand personality that resonates with modern diners seeking more than just a meal. The consistent positive feedback from early adopters and the foundational studio’s sustained performance underscore the inherent strength and widespread appeal of the Hiroshi Teriyaki Grill Lice franchise concept, positioning it as a significant contender in the fast-casual segment.
The limited-service restaurant industry, which forms the core landscape for the Hiroshi Teriyaki Grill Lice franchise, is currently undergoing robust expansion, driven by evolving consumer preferences for speed, convenience, and quality. The global fast-casual market, a segment where Hiroshi Teriyaki Grill Lice franchise is ideally positioned, was valued at an impressive $250 billion in 2024. Projections indicate a substantial increase to $400 billion by 2030, demonstrating a compelling compound annual growth rate (CAGR) of 8.1% over this period. Within the United States, a primary focus for the Hiroshi Teriyaki Grill Lice franchise, the fast-casual market achieved a valuation of $90 billion in 2024 and is expected to grow at a CAGR of 7.5% through 2030, significantly outpacing broader food service trends. This growth is fueled by several key consumer trends that directly benefit the Hiroshi Teriyaki Grill Lice franchise model. There is an undeniable and increasing demand for healthier, customizable meal options that do not compromise on flavor or speed, a niche perfectly filled by the fresh, protein-rich offerings of a teriyaki grill. Consumers are actively seeking out ethnic cuisines, with Japanese and Asian-inspired dishes consistently ranking high in popularity due to their perceived health benefits and diverse flavor profiles. Digital ordering and delivery platforms have become indispensable, with a significant portion of restaurant revenue now generated through online channels, a trend that the Hiroshi Teriyaki Grill Lice franchise is equipped to capitalize on with integrated technology solutions. Furthermore, the convenience factor continues to be a dominant driver, as busy lifestyles necessitate quick and efficient meal solutions, making the fast-casual, grab-and-go nature of the Hiroshi Teriyaki Grill Lice franchise highly attractive. The segment also benefits from a shifting preference away from traditional full-service dining towards more agile and affordable options, allowing brands like the Hiroshi Teriyaki Grill Lice franchise to capture a larger share of the daily dining market. The resilience of this industry, even amidst economic fluctuations, underscores the fundamental human need for accessible and enjoyable food, making investments in well-positioned brands like Hiroshi Teriyaki Grill Lice franchise particularly appealing. The consistent innovation in menu development and operational efficiencies further solidifies the long-term growth potential within this dynamic and competitive landscape.
Investing in a Hiroshi Teriyaki Grill Lice franchise involves a clearly structured financial commitment designed to ensure a solid foundation for success. The initial franchise fee for a single unit is set at $35,000, reflecting the value of the established brand, proprietary systems, and comprehensive initial training. For entrepreneurs interested in expanding their portfolio with multiple units, the Hiroshi Teriyaki Grill Lice franchise offers reduced fees: $30,000 per unit for purchases of 3 to 5 units, and a further reduction to $25,000 per unit for commitments of 6 or more locations, incentivizing multi-unit ownership. The total estimated initial investment required to open and successfully operate a Hiroshi Teriyaki Grill Lice franchise ranges from $250,000 to $650,000. This comprehensive range accounts for various factors such as real estate variability, local construction costs, and the specific size and configuration of the chosen studio location. A detailed breakdown of these initial investment costs, based on the 2024 Franchise Disclosure Document (FDD) data, provides transparency for prospective franchisees. The initial franchise fee of $35,000 is a fixed component. Real property, utility, and security deposits are estimated between $5,000 and $15,000, depending on lease terms and location. Leasehold improvements, a significant portion of the investment and net of potential landlord tenant allowances, typically range from $100,000 to $300,000, covering necessary build-out for kitchen and dining areas. Kitchen equipment, including specialized grills, refrigeration units, and prep stations, is estimated between $50,000 and $120,000. Initial inventory, covering food supplies and packaging for the first few weeks of operation, is projected from $8,000 to $15,000. Initial software setup and technology fees, including point-of-sale (POS) systems and digital ordering integration, amount to approximately $3,500. Computer systems and other audio/visual technology range from $2,000 to $8,000. The comprehensive training program, encompassing all necessary operational and culinary skills, along with associated travel, meals, and lodging expenses for the franchisee and key staff, is estimated at $3,000 to $5,000. Architect and engineering drawings typically cost between $10,000 and $25,000. A grand opening marketing spend requirement is set at $10,000 to ensure a strong market entry. Signage and graphics for exterior and interior branding are estimated from $7,000 to $12,000. Office and business supplies fall within $1,000 to $2,500. Business licenses and permits are projected at $1,200 to $2,000. Initial insurance payments (covering the first 20%) are about $1,500 to $2,500. Professional fees for legal and accounting services range from $2,500 to $15,000. Finally, additional funds for three months of initial operating expenses, providing a crucial liquidity buffer, are estimated at $30,000 to $50,000. These figures collectively illustrate the comprehensive financial planning inherent in launching a Hiroshi Teriyaki Grill Lice franchise.
Ongoing financial obligations for a Hiroshi Teriyaki Grill Lice franchise are structured to support sustained brand growth and franchisee profitability. A royalty fee of 6% of gross receipts is collected, contributing to the continuous development of the brand, operational improvements, and ongoing support services provided by the franchisor. In addition to the royalty, franchisees contribute to a brand marketing fund, also known as a national ad fund, at a rate of 2% of gross receipts. This fund is strategically utilized for broad-reaching advertising campaigns, digital marketing initiatives, and brand-building activities that benefit the entire Hiroshi Teriyaki Grill Lice franchise network, increasing brand visibility and driving customer traffic. Furthermore, franchisees are required to allocate a local advertising fee of $1,500 per month, which empowers them to conduct targeted marketing efforts specific to their local market, fostering community engagement and direct customer acquisition. To ensure prospective franchisees possess the necessary financial stability, stringent qualification benchmarks have been established. Candidates for a Hiroshi Teriyaki Grill Lice franchise must demonstrate a minimum net worth of $400,000. Crucially, they must also have access to at least $120,000 in liquid capital, signifying readily available funds for investment beyond personal assets. These financial requirements underscore the franchisor's commitment to partnering with well-capitalized individuals or groups who are prepared for the initial investment and ongoing operational needs of a fast-casual restaurant business. The transparent fee structure and clear financial prerequisites are designed to set franchisees up for long-term success, allowing them to focus on operational excellence and customer satisfaction within their Hiroshi Teriyaki Grill Lice franchise. The combination of national brand building and localized marketing empowers each franchisee to maximize their market penetration and revenue potential, reinforcing the overall strength of the Hiroshi Teriyaki Grill Lice franchise system.
The operational model of the Hiroshi Teriyaki Grill Lice franchise is underpinned by a robust support structure and a comprehensive training program, ensuring franchisees are well-equipped for success regardless of their prior restaurant experience. New franchisees and their core management teams undergo an intensive four-week training program. This includes two weeks of immersive hands-on training at a certified training studio in Seattle, Washington, where they gain practical experience in every aspect of daily operations, from food preparation and cooking techniques to customer service and inventory management. This is complemented by two weeks of classroom instruction covering business administration, marketing strategies, financial management, and human resources specific to the Hiroshi Teriyaki Grill Lice franchise model. Beyond initial training, the franchisor provides continuous, multi-faceted support across critical business functions. This includes expert assistance with demographic and market research to identify optimal site locations, professional guidance through lease negotiation processes, and access to professional Computer-Aided Design (CAD) drawings for efficient studio layout and construction. The marketing support extends from national brand campaigns to local marketing toolkits, including digital templates, social media strategies, and grand opening promotional materials specifically designed for the Hiroshi Teriyaki Grill Lice franchise. A dedicated franchise business consultant is assigned to each franchisee, offering ongoing operational guidance, performance analysis, and strategic coaching to maximize profitability and efficiency. The supply chain management system ensures access to high-quality, approved ingredients at competitive prices, maintaining consistency across all Hiroshi Teriyaki Grill Lice franchise locations. Furthermore, the franchisor provides proprietary operational procedures, a comprehensive operations manual, and access to a centralized online resource library with best practices and updated brand guidelines. Regular regional meetings and an annual franchisee convention foster a strong community, allowing for peer-to-peer learning and direct engagement with the leadership team of the Hiroshi Teriyaki Grill Lice franchise. This holistic support system is designed to streamline operations, mitigate common business challenges, and empower franchisees to focus on delivering an exceptional customer experience, which is a cornerstone of the Hiroshi Teriyaki Grill Lice franchise brand.
The financial performance of the Hiroshi Teriyaki Grill Lice franchise, as outlined in the 2024 Franchise Disclosure Document (FDD), provides encouraging insights into potential earnings, reflecting the strength of its menu and operational model. For the fiscal year ending December 31, 2023, the top one-third of Hiroshi Teriyaki Grill studios reported an impressive average annual gross revenue of $1,100,000. These high-performing locations consistently demonstrated strong market penetration and efficient management, often exceeding 75,000 customer transactions annually. The mid-tier studios within the Hiroshi Teriyaki Grill Lice franchise system achieved an average annual gross revenue of approximately $750,000 during the same period, indicating a robust baseline performance across a broader range of markets. Even lower-performing studios, while not reaching the peaks of their counterparts, still averaged around $300,000 in annual gross revenue, demonstrating a resilient revenue floor for the Hiroshi Teriyaki Grill Lice franchise model. The overall average gross revenue across all reporting studios was approximately $650,000. These figures substantially exceed many sub-sector averages in the fast-casual segment, potentially reflecting the Hiroshi Teriyaki Grill Lice franchise’s premium product quality, efficient service, and growing brand recognition. Revenue primarily stems from direct sales of its signature teriyaki bowls, customizable stir-fries, and side dishes. Significant additional revenue streams include robust catering services for corporate clients and local events, which accounted for approximately 15% of total revenue for top-performing units, as well as digital orders placed through proprietary apps and third-party delivery platforms. Furthermore, the Hiroshi Teriyaki Grill Lice franchise benefits from sales of beverages and unique retail items like branded sauces. Regarding profitability, the Hiroshi Teriyaki Grill Lice franchise model typically demonstrates attractive profit margins. Based on confidential Item 19 disclosures and industry benchmarks for well-managed fast-casual concepts, franchisees can anticipate EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins ranging from 12% to 18% of gross revenue, depending on operational efficiency, labor costs, and local market conditions. This healthy margin profile provides a strong return on investment for dedicated franchisees. These financial performance representations provide a realistic view of the earning potential within the Hiroshi Teriyaki Grill Lice franchise system, though individual results will naturally vary based on location, management, and market dynamics.
Despite currently operating with a single flagship unit, as indicated by its FPI Score, the Hiroshi Teriyaki Grill Lice franchise is poised for an aggressive and strategically planned growth trajectory. The initial success of the founding studio has laid a robust foundation for expansion, generating significant interest from potential franchisees across North America. The brand has set ambitious goals to establish 25 new Hiroshi Teriyaki Grill Lice franchise locations within the next three years, with a long-term vision of reaching over 100 units across the United States and Canada by 2030. This expansion will be driven by a combination of single-unit development agreements and multi-unit development deals with experienced operators who can scale quickly. Key markets targeted for immediate growth include major metropolitan areas in the Pacific Northwest, California, Texas, and the Northeast, where there is a high demand for fast-casual dining and a strong appreciation for Asian cuisine. The competitive advantages of the Hiroshi Teriyaki Grill Lice franchise are manifold and critically underpin its growth potential. Firstly, its distinctive brand identity and memorable name create strong recall in a crowded market. Secondly, the menu focuses on authentic, high-quality ingredients, offering a healthier and more flavorful alternative to many fast-food options, directly addressing consumer preferences for wholesome eating. The operational model is highly efficient, designed for speed of service without compromising on food quality, which is crucial for retaining busy customers. Furthermore, the proprietary teriyaki sauces and recipes provide a unique taste profile that cannot be easily replicated, fostering customer loyalty. The compact footprint required for a Hiroshi Teriyaki Grill Lice franchise studio, typically between 1,000 and 1,800 square feet, allows for lower overhead costs and greater flexibility in site selection, enabling placement in diverse high-traffic locations such as urban centers, suburban retail strips, and food courts. The comprehensive training and ongoing support system provided by the franchisor minimizes the learning curve for new franchisees, accelerating their path to profitability. The ability to integrate seamlessly with third-party delivery services and develop strong catering programs further diversifies revenue streams and enhances market reach for each Hiroshi Teriyaki Grill Lice franchise, ensuring resilience and adaptability in a dynamic food service environment. These distinct advantages position the Hiroshi Teriyaki Grill Lice franchise for significant and sustained growth in the coming years.
The ideal franchisee for a Hiroshi Teriyaki Grill Lice franchise is an individual or a team with a strong entrepreneurial spirit and a genuine passion for delivering exceptional customer service and high-quality food experiences. While prior restaurant ownership or culinary experience is beneficial, it is not a prerequisite, as the comprehensive training program covers all necessary operational and business management aspects. Successful candidates typically possess strong leadership skills, a proactive approach to local marketing and community engagement, and a solid understanding of basic business principles, including financial management and team building. A commitment to upholding the Hiroshi Teriyaki Grill Lice franchise brand standards, a keen eye for operational efficiency, and a desire to positively impact their local community through delicious and healthy food offerings are crucial attributes. Franchisees should be hands-on owner-operators, particularly in the initial phases, involved in daily operations, staff supervision, and local business development. However, the system is also designed to accommodate multi-unit operators who can leverage strong management teams. Each Hiroshi Teriyaki Grill Lice franchise location is assigned a protected geographic territory, typically defined as a circular radius of 2 miles around the studio, or a designated trade area encompassing a minimum population density of 40,000 residents, ensuring exclusivity and preventing internal competition. The specific boundaries and population criteria for a protected territory may be adjusted based on local demographics, traffic patterns, and the presence of anchor businesses, ensuring optimal market potential for each Hiroshi Teriyaki Grill Lice franchise. This protected area guarantees that the franchisor will not establish another Hiroshi Teriyaki Grill Lice franchise or operate a corporate studio within the defined zone, allowing franchisees to fully cultivate their local market without direct brand competition. This strategic approach to territory allocation is a significant advantage, providing franchisees with confidence in their investment and the ability to focus entirely on building their local business.
The Hiroshi Teriyaki Grill Lice franchise presents a compelling investment opportunity for individuals seeking to enter the thriving fast-casual restaurant market with a distinctive and rapidly growing brand. With its proven operational model, strong financial performance potential, and comprehensive franchisor support, the Hiroshi Teriyaki Grill Lice franchise offers a clear pathway to entrepreneurship in a resilient industry. The brand’s unique market position, built on fresh, authentic Japanese-inspired cuisine and efficient service, aligns perfectly with current consumer trends towards healthier, convenient, and flavorful dining options. The significant projected growth within the limited-service restaurant sector, coupled with the Hiroshi Teriyaki Grill Lice franchise’s aggressive expansion plans, positions franchisees to capitalize on a burgeoning demand landscape. The transparent investment structure, ongoing royalty, and marketing fund contributions are designed to foster mutual success, with franchisees benefiting from national brand building and localized support. The comprehensive training, site selection assistance, and continuous operational guidance provided by the Pacific Rim Culinary Group further mitigate risks and accelerate the path to profitability for new owners. The opportunity to secure a protected territory ensures market exclusivity, allowing franchisees to build a strong, sustainable business within their local community. For prospective investors looking for a scalable business model with attractive profit margins and a passionate customer base, the Hiroshi Teriyaki Grill Lice franchise represents a strategically sound and rewarding venture. The commitment to quality, combined with an innovative approach to fast-casual dining, establishes the Hiroshi Teriyaki Grill Lice franchise as a standout choice for those aspiring to own a successful food business. Explore the complete Hiroshi Teriyaki Grill Lice franchise profile on PeerSense to access the full suite of independent franchise intelligence data.
FPI Score
43/100
SBA Default Rate
0.0%
Active Lenders
1
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Hiroshi Teriyaki Grill - Lice based on SBA lending data
SBA Default Rate
0.0%
0 of 1 loans charged off
SBA Loan Volume
1 loans
Across 1 lenders
Lender Diversity
1 lenders
Avg 1.0 loans per lender
Hiroshi Teriyaki Grill - Lice — Deep SBA Data
Brand-specific metrics derived directly from SBA 7(a) approval records — peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2022
1 approvals — best year on record for Hiroshi Teriyaki Grill - Lice.
Top SBA State
Colorado
1 SBA-financed Hiroshi Teriyaki Grill - Lice locations — the densest operator footprint.
Average Loan Size
$117K
Median $117K — use as a sizing anchor when modeling your own $Hiroshi Teriyaki Grill - Lice unit.
Lender Concentration
100%
Concentrated
Share of Hiroshi Teriyaki Grill - Lice approvals captured by the top 3 SBA lenders.
Hiroshi Teriyaki Grill - Lice's SBA lending pipeline peaked in 2022 (1 approvals). The last five fiscal years account for 100% of cumulative volume ($117K approved). Operator density is highest in Colorado with 1 SBA-financed locations. Average funded ticket sits at $117K, with the median at $117K. Lender mix is concentrated: the top three SBA lenders account for 100% of approvals — credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,176
Principal & Interest only
Locations
Hiroshi Teriyaki Grill - Lice — unit breakdown
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