Start-Up Costs and Fees |
||
| Manchu Wok | Maid-Rite | |
| Investment | 476050 - 787500 | 99375 - 141500 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 1981 | 1926 |
| Year Franchised | 1989 | 1926 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Manchu Wok | Maid-Rite | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Manchu Wok | Maid-Rite | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Manchu Wok | Maid-Rite | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| 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) | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Manchu Wok | Maid-Rite | |
| 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 | |
| Maid-Rite | |
| Franchise Fee | |
| Manchu Wok | |
| Maid-Rite | |
| Royalty Fee | |
| Manchu Wok | 7% |
| Maid-Rite | 6% |
| Advertising Fee | |
| Manchu Wok | 1% |
| Maid-Rite | 2% |
| Year Founded | |
| Manchu Wok | 1981 |
| Maid-Rite | 1926 |
| Year Franchised | |
| Manchu Wok | 1989 |
| Maid-Rite | 1926 |
| Term Of Agreement | |
| Manchu Wok | 5 years |
| Maid-Rite | |
| Renewal Fee | |
| Manchu Wok | $3K per year |
| Maid-Rite | |
Business Experience Requirements |
|
| Experience | |
| Manchu Wok | Industry experience General business experience Marketing skills |
| Maid-Rite | |
Financing Options |
|
| Franchise Fees | |
| Manchu Wok | No |
| Maid-Rite | No |
| Start-up Costs | |
| Manchu Wok | |
| Maid-Rite | |
| Equipment | |
| Manchu Wok} | |
| Maid-Rite | |
| Inventory | |
| Manchu Wok | |
| Maid-Rite | |
| Receivables | |
| Manchu Wok | |
| Maid-Rite | |
| Payroll | |
| Manchu Wok | |
| Maid-Rite | |
Training & Support |
|
| Training | |
| Manchu Wok | |
| Maid-Rite | |
| Support | |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Maid-Rite | |
| Marketing | |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| Maid-Rite | |
| 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) |
| Maid-Rite | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Manchu Wok | |
| Maid-Rite | 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 | |
| Maid-Rite | |
| International Expansion | |
| Manchu Wok | |
| Maid-Rite | |