Start-Up Costs and Fees |
||
| Jinya Ramen Bar | Magic Wok | |
| Investment | 1105000 - 1561000 | 95000 - 150000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 5% |
| Advertising Fee | 1% | 3% |
| Year Founded | 2010 | 1983 |
| Year Franchised | 2012 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Jinya Ramen Bar | Magic Wok | |
| Experience | ||
Financing Options |
||
| Jinya Ramen Bar | Magic Wok | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Jinya Ramen Bar | 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 | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Jinya Ramen Bar | Magic Wok | |
| 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 | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| 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 | Mexico, Saudi Arabia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Franchise Fee | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Royalty Fee | |
| Jinya Ramen Bar | 5% |
| Magic Wok | 5% |
| Advertising Fee | |
| Jinya Ramen Bar | 1% |
| Magic Wok | 3% |
| Year Founded | |
| Jinya Ramen Bar | 2010 |
| Magic Wok | 1983 |
| Year Franchised | |
| Jinya Ramen Bar | 2012 |
| Magic Wok | 1991 |
| Term Of Agreement | |
| Jinya Ramen Bar | |
| Magic Wok | 10 years +10 |
| Renewal Fee | |
| Jinya Ramen Bar | |
| Magic Wok | |
Business Experience Requirements |
|
| Experience | |
| Jinya Ramen Bar | |
| Magic Wok | |
Financing Options |
|
| Franchise Fees | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Start-up Costs | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Equipment | |
| Jinya Ramen Bar} | |
| Magic Wok | |
| Inventory | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Receivables | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Payroll | |
| Jinya Ramen Bar | |
| Magic Wok | |
Training & Support |
|
| Training | |
| Jinya Ramen Bar | |
| Magic Wok | Toledo, OH 3-4 Weeks |
| Support | |
| Jinya Ramen Bar | |
| Magic Wok | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | |
| Jinya Ramen Bar | |
| Magic Wok | |
| Operations | |
| Jinya Ramen Bar | |
| Magic Wok | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Jinya Ramen Bar | 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 |
| Magic Wok | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| Canada Expansion | |
| Jinya Ramen Bar | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Magic Wok | |
| International Expansion | |
| Jinya Ramen Bar | |
| Magic Wok | Mexico, Saudi Arabia |