Thai Express
Food & Beverage · Quick-Service Restaurants
- Active units
- 0
- Royalty
- 6.0%
Franchised, year-end 2023
of weekly Net Sales
About Thai Express
Mam's Happy Thai Express, every hour is happy hour.
Key terms
- Franchise fee
$30k
- Referral program
If you are a current Thai Express franchisee and refer a prospective Franchisee who ultimately purchases a franchise, we currently pay you $1,000; subject to change.
- Discretionary reduction
We reserve the right to waive or reduce the Initial Franchise Fee for our affiliates, subsidiaries, or other franchise candidates.
- Brand fund
3.0% of Net Sales
- Local advertising
2.0% of Net Sales
- Footprint
600 – 1,400 sq ft
Brand Percentile Rankings
Growth
- Total locations0
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR-100.0%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$691k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open7 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
Create your free Glidepath account to access full brand information.
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.