Magic Wok vs Tasty Thai Franchise Comparison

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

Start-Up Costs and Fees

  Magic Wok Tasty Thai
Investment 95000 - 150000 25000 - 999999
Franchise Fee
Royalty Fee 5% 5%
Advertising Fee 3%
Year Founded 1983 2006
Year Franchised 1991 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Magic Wok Tasty Thai
Experience

Financing Options

  Magic Wok Tasty Thai
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Magic Wok Tasty Thai
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 Tasty Thai
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
Tasty Thai
Franchise Fee
Magic Wok
Tasty Thai
Royalty Fee
Magic Wok 5%
Tasty Thai 5%
Advertising Fee
Magic Wok 3%
Tasty Thai
Year Founded
Magic Wok 1983
Tasty Thai 2006
Year Franchised
Magic Wok 1991
Tasty Thai 2006
Term Of Agreement
Magic Wok 10 years +10
Tasty Thai
Renewal Fee
Magic Wok
Tasty Thai


Business Experience Requirements

Experience
Magic Wok
Tasty Thai

Financing Options

 
Franchise Fees
Magic Wok
Tasty Thai
Start-up Costs
Magic Wok
Tasty Thai
Equipment
Magic Wok}
Tasty Thai
Inventory
Magic Wok
Tasty Thai
Receivables
Magic Wok
Tasty Thai
Payroll
Magic Wok
Tasty Thai

Training & Support

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

Expansion Plans

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