Start-Up Costs and Fees |
||
| Manchu Wok | b.good | |
| Investment | 476050 - 787500 | 545000 - 951000 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 1% | 1.50% |
| Year Founded | 1981 | 2004 |
| Year Franchised | 1989 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Manchu Wok | b.good | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Manchu Wok | b.good | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Manchu Wok | b.good | |
| Training | On-The-Job Training: 146 hours Classroom Training: 40 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Number of Employees Required to Run: 16 |
Expansion Plans |
||
| Manchu Wok | b.good | |
| US Expansion | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Manchu Wok | |
| b.good | |
| Franchise Fee | |
| Manchu Wok | |
| b.good | |
| Royalty Fee | |
| Manchu Wok | 7% |
| b.good | 5% |
| Advertising Fee | |
| Manchu Wok | 1% |
| b.good | 1.50% |
| Year Founded | |
| Manchu Wok | 1981 |
| b.good | 2004 |
| Year Franchised | |
| Manchu Wok | 1989 |
| b.good | 2012 |
| Term Of Agreement | |
| Manchu Wok | 5 years |
| b.good | |
| Renewal Fee | |
| Manchu Wok | $3K per year |
| b.good | |
Business Experience Requirements |
|
| Experience | |
| Manchu Wok | Industry experience General business experience Marketing skills |
| b.good | |
Financing Options |
|
| Franchise Fees | |
| Manchu Wok | No |
| b.good | No |
| Start-up Costs | |
| Manchu Wok | |
| b.good | |
| Equipment | |
| Manchu Wok} | |
| b.good | |
| Inventory | |
| Manchu Wok | |
| b.good | |
| Receivables | |
| Manchu Wok | |
| b.good | |
| Payroll | |
| Manchu Wok | |
| b.good | |
Training & Support |
|
| Training | |
| Manchu Wok | |
| b.good | On-The-Job Training: 146 hours Classroom Training: 40 hours |
| Support | |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| b.good | Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| b.good | Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Manchu Wok | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| b.good | Number of Employees Required to Run: 16 |
Expansion Plans |
|
| US Expansion | |
| Manchu Wok | |
| b.good | 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 | |
| Manchu Wok | |
| b.good | |
| International Expansion | |
| Manchu Wok | |
| b.good | |