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Franchise/License Business of "CHIBO"

About Chibo

With over 40 years in the restaurant industry, specializing in Okonomiyaki, CHIBO has built a large international customer following based on strict food quality and detailed interior design.

Since CHIBO was founded in 1973, we have grown as a restaurateur by concentrating on producing the highest quality Okonomiyaki and Teppanyaki. CHIBO has now established itself as a prominent and proven restauranteur with over 60 locations throughout Japan and abroad.

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Concept

Creating an exceptional dining experience is the sum of many factors: the guest, the staff’s efforts, the ambiance and of course the delectable culinary delights.

Since our foundation, CHIBO has been proud of building long lasting relationships with our guests by providing memorable dining experiences.

  • The first impression, Mae Aji – Welcoming, ”Irasshaimase” with smile.
  • The experience, Naka Aji – Experience the flavors of professional Osaka style Okonomiyaki chefs.
  • The memory, Ato Aji – Pure satisfaction when you are leaving.

Style


BASIC STYLE(100 – 165m2)

ConceptTraditional Osaka style Okonomiyaki restaurant

Menu Mainly Okonomiyaki and Yakisoba with some Teppanyaki
Price range JP1,500 – JP2,000yen
Average Lunch menu price: Under JP1,000yen
Average Dinner menu price: jp1,800 – JP2,500yen
Target 20’s – 30’s, Family, Middle class


ELEGANCE STYLE(130 – 200m2)

ConceptUpscale, refined and elegant atmosphere. Varied menu choices including original Teppanyaki.
With Teppan counter that chefs cook in front of customers. Tables with privacy.

Menu Okonomiyaki and Yakisoba. Original Teppanyaki with sophisticated presentation. Varied course menu.
Price range Above JP3,000yen
Average Lunch menu price: JP1,000 ‐ JP2,000yen
Average Dinner menu price: JP2,500 – JP4,500yen
Target Upper middle class


TEPPAN CHIBOFOOD COURT (30m2 or more)

ConceptCasual, Original Teppanyaki live cooking at Food Court

Menu Mainly Teppanyaki and a sedondary Okonomiyaki and Yakisoba menu for easy operation
Price range JP1,200 – JP2,000yen
Higher price range than Basic Food Court operation
Target 20’s – 30’s, Family, Middle class

Business Model

INITIAL EXPENSES FOR FRANCHISE/LICENSE BUSINESS(in USD)

Basic/Elegance TEPPAN CHIBO
Use of "CHIBO" brand $65,000.00 $30,000.00
Start up consulting fee $10,000.00 $10,000.00
Training fee $5,000.00 -
Opening assistance fee $20,000.00 $10,000.00
Total $100,000.00 $50,000.00
Monthly Running Royalty 3% of Gross Turnover every month

INITIAL COST FOR RESTAURANT(in JPY)

Basic Style(100m2) Elegance Style(165m2) TEPPAN CHIBO(33m2)
Architect ¥1,500,000 ¥2,000,000 ¥500,000
Interior,Exterior,HVAC ¥27,000,000 ¥45,000,000 ¥5,000,000
Kitchen Equipment ¥5,300,000 ¥5,300,000 ¥3,200,000
Furniture ¥2,100,000 ¥3,400,000 ¥200,000
Supplies, Utensils ¥1,500,000 ¥2,500,000 ¥1,000,000
Office Supplies, Materials ¥100,000 ¥100,000 ¥100,000
Advertising, Promotion ¥500,000 ¥500,000 ¥500,000
Others(Permits, Dues, Subscriptions etc.) ¥500,000 ¥500,000 ¥500,000
Total ¥38,500,000 ¥59,300,000 ¥11,000,000

Steps to open your own restaurant

  1. 1

    Meet at CHIBO’s headquarters

    The first stage meeting.
  2. 2

    Introductory restaurant tour

    Visit CHIBO restaurants and explain our system and Q&A.
  3. 3

    Market research and restaurant use items research

    Research of items that purchase in local or import from Japan.
  4. 4

    Agreement and Payment

    Please see attachment for details payment.
  5. 5

    Decide a location and Management

    Start planning.
  6. 6

    Sourcing fresh local food

    Decide Vegetables, Meats, Seafood and Seasonings.
    Sourcing fresh local food
  7. 7

    Restaurant design

    Structure, design, equipment and supplies.
  8. 8

    Construction

  9. 9

    Staff training

    Staff training in Japan 20 days. Food preparation, how to use Teppan grill, cook Okonomiykaki, Yakisoba, Teppanyaki, customer service and restaurant operation.
  10. 10

    Construction complete

  11. 11

    Pre‐open planning

    Planning of operation staffing, supplies.
  12. 12

    Pre‐open set up

    Set up furniture, supplies, utensils and PB items.
  13. 13

    Staff training

    7 – 10 days before open, staff training at the restaurant.
  14. 14

    Congratulations!

    Grand opening. Final payment due.

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