Quickway Hibachi franchise
2025 filing · April 15, 2025Shares sales figures
Quickway Hibachi at a glance
A fast-casual Japanese hibachi restaurant. At the end of 2024 there were 49 Quickway Hibachi locations in the US, all company-owned.
The business
- Franchisor
- Quickway Franchising, Inc
- The company that sells the franchises
- Franchising since
- 2024
What you pay
- Cost to open
- $420K–$1.13M
- Fee, build-out and opening working capital
- Franchise fee
- $50,000
- Paid once, when you sign
- Royalty
- 4–5%
- 4% of gross sales in years one to five, then 5%, paid monthly
- Brand fund
- 1%
- 1% of gross sales; it can rise to 3%
- Renewal fee
- $10,000
- When the agreement ends and you sign again
- Franchisor financing
- None offered
Where it is
- US locations, 2024
- 49
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 49
- Change in 3 years
- 0
- Franchised locations, 2022–2024
From Quickway Franchising, Inc’s 2025 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Quickway Hibachi among all franchises with the same figure.
| Figure | Quickway Hibachi | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $776,500 | Costs more than 78% of franchises |
| Franchise feePaid once, when you sign | $50,000 | Higher than 70% of franchises |
| US locationsFranchised and company-owned | 49 | More than 64% of franchises |
How much a Quickway Hibachi franchise costs
Opening one Quickway Hibachi costs an estimated $420,000 to $1,133,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Quickway Franchising, Inc, 2025 filing, page 18
Quickway Hibachi franchise fee
The franchise fee is $50,000. You pay it when you sign the franchise agreement.
Source: Quickway Franchising, Inc, 2025 filing, page 12
Royalty and ongoing fees
| Royalty | 4% of gross sales in years one to five, then 5%, paid monthly. |
|---|---|
| Brand or marketing fund | 1% of gross sales; it can rise to 3%. |
| POS Support Contract | $150 - $300 per month |
| Transfer Fee | $10,000 |
| Renewal Fee | $10,000 |
| Ongoing Training Fee | $1,500 - $3,500 per program. |
| Local Advertising Requirement | A minimum of 2.75% of your monthly Gross Sales |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Quickway Franchising, Inc, 2025 filing, page 13
Other fees as filed, from pages 14–15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
Shares figures Quickway Hibachi publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
- Average sales
- $1,365,999
- Median sales
- $1,250,603
Yearly figures for 2024, covering company-owned restaurants open all of 2024 (31 locations). The average is about 1.8 times the midpoint of the cost to open.
Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.
Source: Quickway Franchising, Inc, 2025 filing, pages 50–51
How Quickway Hibachi compares
Of the 309 fast food franchises on this site, Quickway Hibachi is the 191st cheapest to open and the 111th largest by number of locations.
| Figure | Quickway Hibachi | Typical fast food brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $420K | $353K | $222K |
| Cost to open, high end | $1.13M | $786K | $477K |
| Franchise fee | $50K | $35K | $40K |
| Brand fund | 1% | 2% | 2% |
| US locations | 49 | 23 | 21 |
| Shares earnings figures | Yes | 189 of 309 | 2,147 of 3,352 |
Typical is the median across the 309 brands in fast food franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2022 | 0 (0) | 43 | 0 | 0 |
| 2023 | 0 (0) | 50 | 0 | 0 |
| 2024 | 0 (0) | 49 | 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: fast food franchise costs and franchise failure rates.
Source: Quickway Franchising, Inc, 2025 filing, page 53
Who owns Quickway Hibachi?
Quickway Hibachi franchises are sold by Quickway Franchising, Inc.
From Quickway Franchising, Inc’s 2025 filing.
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: Quickway Franchising, Inc, 2025 filing, litigation on page 12, bankruptcy on page 12
Quickway Hibachi filings
The figures on this page come from Quickway Franchising, Inc’s 2025 filing, issued April 15, 2025, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2025 filing | April 15, 2025 | NASAA depository | Costs, fees and locations, 2022–2024 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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