Start-Up Costs and Fees |
||
| Chinese Mirch | Magic Wok | |
| Investment | 218800 - 661200 | 95000 - 150000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 0 | 1983 |
| Year Franchised | 0 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Chinese Mirch | Magic Wok | |
| Experience | We're seeking resourceful, energetic people who are familiar with Chinese or Indian Chinese cuisine. Former food service experience will be considered a plus but is not a requirement. | |
Financing Options |
||
| Chinese Mirch | Magic Wok | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Chinese Mirch | Magic Wok | |
| Training | Toledo, OH 3-4 Weeks | |
| Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | |
| Marketing | ||
| Operations | The Franchisee does not have to personally operate the Chinese Mirch restaurants. However, there must be a full time Manager who has satisfactorily completed the training course provided by Chinese Mirch and is devoted to the operation of the restaurant. In addition, it is important to note that to a large part the success of a Chinese Mirch franchise depends on the entrepreneurial skills, attitude, and financial stability of the Franchisee. Therefore Chinese Mirch strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. In order to maintain our standards, certain purchases must be made from approved suppliers. | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Chinese Mirch | Magic Wok | |
| US Expansion | Connecticut, Massachusetts, New Jersey, New York, Pennsylvania | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| Canada Expansion | ||
| International Expansion | Mexico, Saudi Arabia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Chinese Mirch | |
| Magic Wok | |
| Franchise Fee | |
| Chinese Mirch | |
| Magic Wok | |
| Royalty Fee | |
| Chinese Mirch | |
| Magic Wok | 5% |
| Advertising Fee | |
| Chinese Mirch | |
| Magic Wok | 3% |
| Year Founded | |
| Chinese Mirch | 0 |
| Magic Wok | 1983 |
| Year Franchised | |
| Chinese Mirch | 0 |
| Magic Wok | 1991 |
| Term Of Agreement | |
| Chinese Mirch | |
| Magic Wok | 10 years +10 |
| Renewal Fee | |
| Chinese Mirch | |
| Magic Wok | |
Business Experience Requirements |
|
| Experience | |
| Chinese Mirch | We're seeking resourceful, energetic people who are familiar with Chinese or Indian Chinese cuisine. Former food service experience will be considered a plus but is not a requirement. |
| Magic Wok | |
Financing Options |
|
| Franchise Fees | |
| Chinese Mirch | |
| Magic Wok | |
| Start-up Costs | |
| Chinese Mirch | |
| Magic Wok | |
| Equipment | |
| Chinese Mirch} | |
| Magic Wok | |
| Inventory | |
| Chinese Mirch | |
| Magic Wok | |
| Receivables | |
| Chinese Mirch | |
| Magic Wok | |
| Payroll | |
| Chinese Mirch | |
| Magic Wok | |
Training & Support |
|
| Training | |
| Chinese Mirch | |
| Magic Wok | Toledo, OH 3-4 Weeks |
| Support | |
| Chinese Mirch | |
| Magic Wok | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Chinese Mirch | |
| Magic Wok | |
| Operations | |
| Chinese Mirch | The Franchisee does not have to personally operate the Chinese Mirch restaurants. However, there must be a full time Manager who has satisfactorily completed the training course provided by Chinese Mirch and is devoted to the operation of the restaurant. In addition, it is important to note that to a large part the success of a Chinese Mirch franchise depends on the entrepreneurial skills, attitude, and financial stability of the Franchisee. Therefore Chinese Mirch strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. In order to maintain our standards, certain purchases must be made from approved suppliers. |
| Magic Wok | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Chinese Mirch | Connecticut, Massachusetts, New Jersey, New York, Pennsylvania |
| Magic Wok | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| Canada Expansion | |
| Chinese Mirch | |
| Magic Wok | |
| International Expansion | |
| Chinese Mirch | |
| Magic Wok | Mexico, Saudi Arabia |