Tin Drum Asiacafés are inspired by the energy and atmosphere of the streets of Asia. Founder, Steven Chan, began Tin Drum in 2003 to bring people from all walks of life together to share in a meal that was both tantalizing and comforting.
Our Asian fast-casual concept is so compelling that Steven brought in Atlanta-based private equity firm, Buckhead Investment Partners (BIP) and their Franchise Accelerator Business unit to help grow the brand. Recent BIP Franchise Accelerator success includes growing Tropical Smoothie Café from 200 locations to more than 450 in just a few short years. Now, the leadership team from Tropical Smoothie Café is helping guide the smart, strategic growth of Tin Drum Asiacafé.
THE FOOD:
Our Asian-inspired menu is in-step with the global palates of today’s consumers-especially Millennials. From Curry to Kalbi, our menu brings together the flavors of the East with dishes from China, Thailand, Vietnam, and Korea.
THE RESTAURANT:
· Typically between 1,800 to 2,200 square feet
· Feature a dramatic wok theater, bold colors and images, open shelving stocked with noodles, sauces, and other ingredients
· Offer sit-down dining and takeout
· 60% of the business in lunch and 40% in dinner
THE NUMBERS:
· AUV of $910,257 in 2014*
· 13 locations
THE MUST HAVES:
· $150,000 in liquid assets and a minimum net worth of $500,000 (funds can come from you and/or other investors)
· Must be willing to invest between $296,000-$495,000 (costs can vary depending on space and other factors)
· Currently, the key growth area is in the Southeast. We will also consider development agreements in other areas for the right franchise candidate(s).
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