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