Gai Chicken & Rice franchise
2023 filing · April 20, 2023Shares sales figures
Gai Chicken & Rice at a glance
A fast-casual restaurant serving Thai chicken and rice dishes. At the end of 2022 there were 2 Gai Chicken & Rice locations in the US, all company-owned.
The business
- Franchisor
- Gai Franchising, LLC
- The company that sells the franchises
- Franchisor based in
- New York, New York
What you pay
- Cost to open
- $303K–$435K
- Fee, build-out and opening working capital
- Franchise fee
- $29,900
- Paid once, when you sign
- Royalty
- 5%
- 5% of gross revenue, paid monthly, plus 0.25% to the brand development fund
- Renewal fee
- See terms
- 25% of the then current initial franchise fee
- Territory
- Protected
- Protected territory
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 2
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 2
- Change in 3 years
- 0
- Franchised locations, 2020–2022
From Gai Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Gai Chicken & Rice among all franchises with the same figure.
| Figure | Gai Chicken & Rice | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $369,150 | Costs more than 51% of franchises |
| Franchise feePaid once, when you sign | $29,900 | Lower than 81% of franchises |
| RoyaltyShare of sales paid to the franchisor | 5% | Lower than 69% of brands with a set rate |
| US locationsFranchised and company-owned | 2 | Fewer than 82% of franchises |
How much a Gai Chicken & Rice franchise costs
Opening one Gai Chicken & Rice costs an estimated $302,900 to $435,400. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($100,000 to $150,000) and equipment, TV, cameras and other supplies ($65,000 to $75,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $29,900 | ||
| Traveling and Living Expenses while Training | $2,000 | $4,000 | |
| Real Property Rent and Security Deposits | $15,000 | $30,000 | |
| Leasehold Improvements | $100,000 | $150,000 | |
| Furniture, Fixtures, and Décor | $10,000 | $20,000 | |
| Initial Inventory and Supplies | $20,000 | $33,000 | |
| Signage | $6,000 | $10,000 | |
| Grand Opening Advertising | $5,000 | $10,000 | |
| Licenses, Permits, and Certifications | $5,000 | $7,000 | |
| Insurance (3 Months) | $2,500 | $3,000 | |
| Equipment, TV, Cameras and other Supplies | $65,000 | $75,000 | |
| Professional Fees | $2,500 | $3,500 | |
| Additional Funds (3 months) | $40,000 | $60,000 | |
| Total | $302,900 | $435,400 | |
Source: Gai Franchising, LLC, 2023 filing, page 16
Gai Chicken & Rice franchise fee
The franchise fee is $29,900. You pay it when you sign the franchise agreement.
Source: Gai Franchising, LLC, 2023 filing, page 11
Royalty and ongoing fees
| Royalty | 5% of gross revenue, paid monthly, plus 0.25% to the brand development fund. |
|---|---|
| POS and Software Fees | Approximately $200 - $400 per month plus transaction costs |
| Renewal Fee | 25% of the then current initial franchise fee |
| Local Store Marketing | .25% of Gross Revenues |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Gai Franchising, LLC, 2023 filing, page 12
Other fees as filed, from pages 12–13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Gai Chicken & Rice publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Gai Franchising, LLC, 2023 filing, page 39
- Estimate Estimated yearly sales per location
- $760K–$1.4M
Estimated from the sales that 292 comparable franchises file, matched on industry, format, cost to open, fees and size.
How Gai Chicken & Rice compares
Of the 113 chicken franchises on this site, Gai Chicken & Rice is the 33rd cheapest to open and the 93rd largest by number of locations.
| Figure | Gai Chicken & Rice | Typical chicken brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $303K | $407K | $222K |
| Cost to open, high end | $435K | $868K | $477K |
| Franchise fee | $30K | $35K | $40K |
| Royalty | 5% | 5% | 6% |
| US locations | 2 | 10 | 21 |
| Shares earnings figures | Yes | 61 of 113 | 2,147 of 3,352 |
Typical is the median across the 113 brands in chicken franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 2 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: chicken franchise costs and franchise failure rates.
Source: Gai Franchising, LLC, 2023 filing, page 41
Who owns Gai Chicken & Rice?
Gai Chicken & Rice franchises are sold by Gai Franchising, LLC. Its filing names no parent company.
From Gai Franchising, LLC’s 2023 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Gai Franchising, LLC, 2023 filing, litigation on page 11, bankruptcy on page 11
Gai Chicken & Rice filings
The figures on this page come from Gai Franchising, LLC’s 2023 filing, issued April 20, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 20, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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