Start-Up Costs and Fees |
||
| Magic Wok | Chinese Mirch | |
| Investment | 95000 - 150000 | 218800 - 661200 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 1983 | 0 |
| Year Franchised | 1991 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Magic Wok | Chinese Mirch | |
| 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 |
||
| Magic Wok | Chinese Mirch | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Magic Wok | Chinese Mirch | |
| 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 | 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. |
Expansion Plans |
||
| Magic Wok | Chinese Mirch | |
| US Expansion | Florida, Illinois, Indiana, Maryland, Michigan, Virginia | Connecticut, Massachusetts, New Jersey, New York, Pennsylvania |
| Canada Expansion | ||
| International Expansion | Mexico, Saudi Arabia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Magic Wok | |
| Chinese Mirch | |
| Franchise Fee | |
| Magic Wok | |
| Chinese Mirch | |
| Royalty Fee | |
| Magic Wok | 5% |
| Chinese Mirch | |
| Advertising Fee | |
| Magic Wok | 3% |
| Chinese Mirch | |
| Year Founded | |
| Magic Wok | 1983 |
| Chinese Mirch | 0 |
| Year Franchised | |
| Magic Wok | 1991 |
| Chinese Mirch | 0 |
| Term Of Agreement | |
| Magic Wok | 10 years +10 |
| Chinese Mirch | |
| Renewal Fee | |
| Magic Wok | |
| Chinese Mirch | |
Business Experience Requirements |
|
| Experience | |
| Magic Wok | |
| 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. |
Financing Options |
|
| Franchise Fees | |
| Magic Wok | |
| Chinese Mirch | |
| Start-up Costs | |
| Magic Wok | |
| Chinese Mirch | |
| Equipment | |
| Magic Wok} | |
| Chinese Mirch | |
| Inventory | |
| Magic Wok | |
| Chinese Mirch | |
| Receivables | |
| Magic Wok | |
| Chinese Mirch | |
| Payroll | |
| Magic Wok | |
| Chinese Mirch | |
Training & Support |
|
| Training | |
| Magic Wok | Toledo, OH 3-4 Weeks |
| Chinese Mirch | |
| Support | |
| Magic Wok | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Chinese Mirch | |
| Marketing | |
| Magic Wok | |
| Chinese Mirch | |
| Operations | |
| Magic Wok | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| 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. |
Expansion Plans |
|
| US Expansion | |
| Magic Wok | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| Chinese Mirch | Connecticut, Massachusetts, New Jersey, New York, Pennsylvania |
| Canada Expansion | |
| Magic Wok | |
| Chinese Mirch | |
| International Expansion | |
| Magic Wok | Mexico, Saudi Arabia |
| Chinese Mirch | |