Start-Up Costs and Fees |
||
| Magic Wok | Curry Up Now | |
| Investment | 95000 - 150000 | 392000 - 1671500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1983 | 2009 |
| Year Franchised | 1991 | 2009 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Magic Wok | Curry Up Now | |
| Experience | We re looking for experienced franchisees and qualified investors to help us grow the Curry Up Now fast casual brand across the country. Prospective franchisees must be hands-on in the operations of their restaurants and adhere to Curry Up Now organizational structure requirements and brand guidelines. *$1MM net worth *$500K liquid capital available for investment *Ready to begin development within the next 3-6 months *Ready to develop a minimum five unit territory in a major U.S. area | |
Financing Options |
||
| Magic Wok | Curry Up Now | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Magic Wok | Curry Up Now | |
| Training | Toledo, OH 3-4 Weeks | |
| Support | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline | Real estate / site selection Store build-out, construction Training systems Operational support Recipe & menu development Marketing & brand building Vendor & equipment selection Point of Sale system Pre-opening, grand opening support |
| Marketing | ||
| Operations | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Magic Wok | Curry Up Now | |
| US Expansion | Florida, Illinois, Indiana, Maryland, Michigan, Virginia | 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 | ||
| International Expansion | Mexico, Saudi Arabia |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Magic Wok | |
| Curry Up Now | |
| Franchise Fee | |
| Magic Wok | |
| Curry Up Now | |
| Royalty Fee | |
| Magic Wok | 5% |
| Curry Up Now | 6% |
| Advertising Fee | |
| Magic Wok | 3% |
| Curry Up Now | 2% |
| Year Founded | |
| Magic Wok | 1983 |
| Curry Up Now | 2009 |
| Year Franchised | |
| Magic Wok | 1991 |
| Curry Up Now | 2009 |
| Term Of Agreement | |
| Magic Wok | 10 years +10 |
| Curry Up Now | |
| Renewal Fee | |
| Magic Wok | |
| Curry Up Now | |
Business Experience Requirements |
|
| Experience | |
| Magic Wok | |
| Curry Up Now | We re looking for experienced franchisees and qualified investors to help us grow the Curry Up Now fast casual brand across the country. Prospective franchisees must be hands-on in the operations of their restaurants and adhere to Curry Up Now organizational structure requirements and brand guidelines. *$1MM net worth *$500K liquid capital available for investment *Ready to begin development within the next 3-6 months *Ready to develop a minimum five unit territory in a major U.S. area |
Financing Options |
|
| Franchise Fees | |
| Magic Wok | |
| Curry Up Now | |
| Start-up Costs | |
| Magic Wok | |
| Curry Up Now | |
| Equipment | |
| Magic Wok} | |
| Curry Up Now | |
| Inventory | |
| Magic Wok | |
| Curry Up Now | |
| Receivables | |
| Magic Wok | |
| Curry Up Now | |
| Payroll | |
| Magic Wok | |
| Curry Up Now | |
Training & Support |
|
| Training | |
| Magic Wok | Toledo, OH 3-4 Weeks |
| Curry Up Now | |
| Support | |
| Magic Wok | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Curry Up Now | Real estate / site selection Store build-out, construction Training systems Operational support Recipe & menu development Marketing & brand building Vendor & equipment selection Point of Sale system Pre-opening, grand opening support |
| Marketing | |
| Magic Wok | |
| Curry Up Now | |
| Operations | |
| Magic Wok | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| Curry Up Now | |
Expansion Plans |
|
| US Expansion | |
| Magic Wok | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| Curry Up Now | 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 | |
| Magic Wok | |
| Curry Up Now | |
| International Expansion | |
| Magic Wok | Mexico, Saudi Arabia |
| Curry Up Now | |