Magic Wok vs Genghis Grill Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Genghis Grill including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Magic Wok Genghis Grill
Investment 95000 - 150000 346600 - 973500
Franchise Fee
Royalty Fee 5% 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 Genghis Grill
Experience

Financing Options

  Magic Wok Genghis Grill
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Magic Wok Genghis Grill
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

  Magic Wok Genghis Grill
US Expansion Florida, Illinois, Indiana, Maryland, Michigan, Virginia
Canada Expansion 0
International Expansion Mexico, Saudi Arabia

Start-Up Costs and Fees Mobile

Investment
Magic Wok
Genghis Grill
Franchise Fee
Magic Wok
Genghis Grill
Royalty Fee
Magic Wok 5%
Genghis Grill 5%
Advertising Fee
Magic Wok 3%
Genghis Grill
Year Founded
Magic Wok 1983
Genghis Grill 0
Year Franchised
Magic Wok 1991
Genghis Grill 0
Term Of Agreement
Magic Wok 10 years +10
Genghis Grill
Renewal Fee
Magic Wok
Genghis Grill


Business Experience Requirements

Experience
Magic Wok
Genghis Grill

Financing Options

 
Franchise Fees
Magic Wok
Genghis Grill
Start-up Costs
Magic Wok
Genghis Grill
Equipment
Magic Wok}
Genghis Grill
Inventory
Magic Wok
Genghis Grill
Receivables
Magic Wok
Genghis Grill
Payroll
Magic Wok
Genghis Grill

Training & Support

Training
Magic Wok Toledo, OH 3-4 Weeks
Genghis Grill
Support
Magic Wok Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline
Genghis Grill
Marketing
Magic Wok
Genghis Grill
Operations
Magic Wok Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged
Genghis Grill

Expansion Plans

US Expansion
Magic Wok Florida, Illinois, Indiana, Maryland, Michigan, Virginia
Genghis Grill
Canada Expansion
Magic Wok
Genghis Grill 0
International Expansion
Magic Wok Mexico, Saudi Arabia
Genghis Grill