Business Description

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

Operating Units:
Franchised Units:	0	0%
Company-Owned Units:	6	100%
Total Operating Units:	6	100.0%
Minority Representation Units Owned by Minorities: African-American: 0 Asian-American: 30% Hispanic: 0 Native American: 0 Other: 0 Specific Minority   Program(s) in place: Although we support the objectives of the National Minority Franchising Initiative, we do not have any specific programs in place at this time.
Geographic Distribution: U.S.: 6 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 6 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. California	6

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

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
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
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 House	5 weeks
Expansion Plans
Projected New Units Over Next 12 months: 3 U.S.: Yes, Western States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Happi House.   •  Marketing Brochure   •  Pre-Qualifier Application