An exclusive franchise territory is generally considered a major selling point. Mister Hibachi will be offering exclusive territories to their franchisees as one of the key benefits to early adopters. Down the road, this could be altered and Mr. Hibachi might switch to an AREA OF PRIMARY RESPONSIBILITY in which the franchisees would not have exclusive rights to their areas of business. This would not affect existing franchisees who have already signed on under an exclusive agreement.Exclusive territories can offer a competitive advantage in the franchise sales and marketing environment. As a result, the Mr. Hibachi franchise system will be granting its franchisees an exclusive territory. Each territory will include a defined area and will be documented generally as a population base ranging from 100,000-250,000 people. There will be other factors when determining the territory of a franchisee which may include: capabilities of the buyer, existence of competition, local food truck or mobile service regulations, number of events in the vicinity, etc.

The fee for one franchise is $30,000. Minimal start-up costs can be as low as $152,983, depending on a number of factors. Please see chart below for details.