Start a Go Go Curry Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $292K - $823K

Units as of 2021: 11 57.1% over 3 years

Go Go Curry is a Japanese curry chain restaurant that provides delicious Kanazawa-style curry. Founded in 2006, Go Go Curry opened its first location in New York City. Go Go Curry began franchising in 2018 and has since opened several restaurants across the United States.

Go Go Curry is actively seeking to expand its reach by adding new franchisees throughout the United States.

Why You May Want to Start a Go Go Curry Franchise

Go Go Curry believes it has simple and efficient operations. It does not require franchisees to have previous culinary experience. However, franchisees should have entrepreneurial skills and ambition. Go Go Curry has a strong focus on creating and maintaining happiness at all levels of the organization. Go Go Curry has over a decade of experience and operates in various locations across the United States.

Opening a Go Go Curry franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry. Go Go Curry believes it is paving the way for the Japanese comfort food market segment to become a prominent one in the United States.

What Might Make a Go Go Curry Franchise a Good Choice?

As a Go Go Curry franchisee, you may get to bring a relatively new curry craze to your community. Your role as a franchisee includes staffing and management of the day-to-day operations of your business. Absentee ownership of a Go Go Curry franchise is not allowed. You will receive hands-on training to gain the skills needed to run your business.

To be part of the Go Go Curry team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How To Open a Go Go Curry Franchise

Make sure to research the brand and your preferred locations to determine if Go Go Curry franchise would do well in your community. As part of your research, contact existing franchisees for feedback and reviews. Before deciding to open a Go Go Curry franchise, ensure you understand their business model. To gain more insight into the value proposition you will be offering, ensure you meet with the Go Go Curry senior leadership team during the discovery day. Ask questions about their experiences and receive tips for best practices as you run your location.

Go Go Curry provides training for potential franchisees. The training program is comprehensive and may cover everything you need to know to open and manage your Go Go Curry franchise. The training program consists of pre-training conducted online, as well as several weeks of classroom and on-the-job training. After opening your business, the Go Go Curry corporate team may remain available if you need assistance.

Company Overview

About Go Go Curry

Industry	Food
Related Categories	Asian Food, Miscellaneous Quick-Service Restaurants
Founded	2006
Parent Company	Smile & Hospitality Inc.
Leadership	Tomoko Omori, CEO
Corporate Address	28-07 Jackson Ave. Long Island City, NY 11101
Social	Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since	2018 (6 years)
# of employees at HQ	6
Where seeking	This company is offering new franchises throughout the US.
# of Units	11 (as of 2021)

Information for Franchisees

Here's what you need to know if you're interested in opening a Go Go Curry franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$25,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$291,530 - $822,825
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$200,000 - $2,000,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$100,000 - $1,000,000
Veteran Incentives Definition: A discount or other incentive offered to military veterans who buy a franchise with this company.	$5,000 off franchise fee
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	2%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	10 years
Is franchise term renewable?	Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing	Go Go Curry has relationships with third-party sources which offer financing to cover the following: startup costs, equipment

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training	92 hours
Classroom Training	28 hours
Ongoing Support	Newsletter Meetings & Conventions Grand Opening Security & Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates Regional Advertising Social Media Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	No