Start-Up Costs and Fees |
||
| Magic Wok | Mai Sushi Bars | |
| Investment | 95000 - 150000 | 5900 - 114500 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 1983 | 2015 |
| Year Franchised | 1991 | 2015 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Magic Wok | Mai Sushi Bars | |
| Experience | ||
Financing Options |
||
| Magic Wok | Mai Sushi Bars | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Magic Wok | Mai Sushi Bars | |
| 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 | Mai Sushi Bars | |
| 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 | |
| Mai Sushi Bars | |
| Franchise Fee | |
| Magic Wok | |
| Mai Sushi Bars | |
| Royalty Fee | |
| Magic Wok | 5% |
| Mai Sushi Bars | |
| Advertising Fee | |
| Magic Wok | 3% |
| Mai Sushi Bars | |
| Year Founded | |
| Magic Wok | 1983 |
| Mai Sushi Bars | 2015 |
| Year Franchised | |
| Magic Wok | 1991 |
| Mai Sushi Bars | 2015 |
| Term Of Agreement | |
| Magic Wok | 10 years +10 |
| Mai Sushi Bars | |
| Renewal Fee | |
| Magic Wok | |
| Mai Sushi Bars | |
Business Experience Requirements |
|
| Experience | |
| Magic Wok | |
| Mai Sushi Bars | |
Financing Options |
|
| Franchise Fees | |
| Magic Wok | |
| Mai Sushi Bars | |
| Start-up Costs | |
| Magic Wok | |
| Mai Sushi Bars | |
| Equipment | |
| Magic Wok} | |
| Mai Sushi Bars | |
| Inventory | |
| Magic Wok | |
| Mai Sushi Bars | |
| Receivables | |
| Magic Wok | |
| Mai Sushi Bars | |
| Payroll | |
| Magic Wok | |
| Mai Sushi Bars | |
Training & Support |
|
| Training | |
| Magic Wok | Toledo, OH 3-4 Weeks |
| Mai Sushi Bars | |
| Support | |
| Magic Wok | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Mai Sushi Bars | |
| Marketing | |
| Magic Wok | |
| Mai Sushi Bars | |
| Operations | |
| Magic Wok | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
| Mai Sushi Bars | |
Expansion Plans |
|
| US Expansion | |
| Magic Wok | Florida, Illinois, Indiana, Maryland, Michigan, Virginia |
| Mai Sushi Bars | 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 | |
| Mai Sushi Bars | |
| International Expansion | |
| Magic Wok | Mexico, Saudi Arabia |
| Mai Sushi Bars | |