Hongkong Noodle Factory vs Mega Wraps Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hongkong Noodle Factory vs Mega Wraps including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Hongkong Noodle Factory Mega Wraps
Investment 1600 - 1600 189000 - 189000
Franchise Fee
Royalty Fee 0 6%
Advertising Fee 0 2%
Year Founded 0 1998
Year Franchised 0 1999
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Hongkong Noodle Factory Mega Wraps
Experience

Financing Options

  Hongkong Noodle Factory Mega Wraps
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Hongkong Noodle Factory Mega Wraps
Training
Support
Marketing
Operations Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans

  Hongkong Noodle Factory Mega Wraps
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile

Investment
Hongkong Noodle Factory
Mega Wraps
Franchise Fee
Hongkong Noodle Factory
Mega Wraps
Royalty Fee
Hongkong Noodle Factory 0
Mega Wraps 6%
Advertising Fee
Hongkong Noodle Factory 0
Mega Wraps 2%
Year Founded
Hongkong Noodle Factory 0
Mega Wraps 1998
Year Franchised
Hongkong Noodle Factory 0
Mega Wraps 1999
Term Of Agreement
Hongkong Noodle Factory 3 years
Mega Wraps 5 Years +5
Renewal Fee
Hongkong Noodle Factory
Mega Wraps


Business Experience Requirements

Experience
Hongkong Noodle Factory
Mega Wraps

Financing Options

 
Franchise Fees
Hongkong Noodle Factory
Mega Wraps
Start-up Costs
Hongkong Noodle Factory
Mega Wraps
Equipment
Hongkong Noodle Factory}
Mega Wraps
Inventory
Hongkong Noodle Factory
Mega Wraps
Receivables
Hongkong Noodle Factory
Mega Wraps
Payroll
Hongkong Noodle Factory
Mega Wraps

Training & Support

Training
Hongkong Noodle Factory
Mega Wraps
Support
Hongkong Noodle Factory
Mega Wraps
Marketing
Hongkong Noodle Factory
Mega Wraps
Operations
Hongkong Noodle Factory
Mega Wraps Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged

Expansion Plans

US Expansion
Hongkong Noodle Factory
Mega Wraps Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Hongkong Noodle Factory
Mega Wraps Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
Hongkong Noodle Factory
Mega Wraps