Asian food is a popular concept in the fast-casual space. An emerging brand to consider is Akati Bao. It was co-founded by Alvaro Durtai Ferrari and Jose Manuel Olmos. Ferrari tried his first Bao when he was in Texas and has been a Baohoilc ever since. A native from Panama, there is nothing like Bao there, so a Bao concept would be a big opportunity. After a few Bao tasting, they focused on finding an Artisan Bao manufacturer to help them make their own and unique flavor. Akati Bao has been opened since 2018 and is looking to expand with passionate franchise partners around the U.S. Candidates are offered a storefront location opportunity to sell the unique Asian-inspired tacos. The brand offers multiple styles of Bao: pork, chicken, beef, salmon and more. The brand also offers Bao burgers, which cannot be found anywhere else. In a word, the Akati Bao experience is fun, and customers are meant to feel like they're at home. Customers can enjoy music, play video games, and spin the roulette wheel to win Bao dollars, promos and mystery specials.
The initial investment ranges between $297,750 to $371,000, which includes a one-time franchise fee of $35,000. Franchisees will be granted an exclusive territory, the lesser of a 3-mile radius from each store or a population of 30,000. This decreases you competition as you'll be the only Akati Bao representative in the area. In terms of support and training, you can expect a comprehensive training program that consists of 10 hours of classroom training and 70 hours of on-the-job training that will cover topics such as marketing, customer service, and kitchen procedures.