Start-Up Costs and Fees |
||
| Manchu Wok | Teriyaki Experience | |
| Investment | 476050 - 787500 | 235000 - 491500 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | |
| Year Founded | 1981 | 1986 |
| Year Franchised | 1989 | 1987 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Manchu Wok | Teriyaki Experience | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Manchu Wok | Teriyaki Experience | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Manchu Wok | Teriyaki Experience | |
| 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) | |
Expansion Plans |
||
| Manchu Wok | Teriyaki Experience | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Manchu Wok | |
| Teriyaki Experience | |
| Franchise Fee | |
| Manchu Wok | |
| Teriyaki Experience | |
| Royalty Fee | |
| Manchu Wok | 7% |
| Teriyaki Experience | 6% |
| Advertising Fee | |
| Manchu Wok | 1% |
| Teriyaki Experience | |
| Year Founded | |
| Manchu Wok | 1981 |
| Teriyaki Experience | 1986 |
| Year Franchised | |
| Manchu Wok | 1989 |
| Teriyaki Experience | 1987 |
| Term Of Agreement | |
| Manchu Wok | 5 years |
| Teriyaki Experience | |
| Renewal Fee | |
| Manchu Wok | $3K per year |
| Teriyaki Experience | |
Business Experience Requirements |
|
| Experience | |
| Manchu Wok | Industry experience General business experience Marketing skills |
| Teriyaki Experience | |
Financing Options |
|
| Franchise Fees | |
| Manchu Wok | No |
| Teriyaki Experience | No |
| Start-up Costs | |
| Manchu Wok | |
| Teriyaki Experience | |
| Equipment | |
| Manchu Wok} | |
| Teriyaki Experience | |
| Inventory | |
| Manchu Wok | |
| Teriyaki Experience | |
| Receivables | |
| Manchu Wok | |
| Teriyaki Experience | |
| Payroll | |
| Manchu Wok | |
| Teriyaki Experience | |
Training & Support |
|
| Training | |
| Manchu Wok | |
| Teriyaki Experience | |
| Support | |
| Manchu Wok | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Teriyaki Experience | |
| Marketing | |
| Manchu Wok | Co-op advertising, Ad slicks, National media, Regional advertising |
| Teriyaki Experience | |
| 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) |
| Teriyaki Experience | |
Expansion Plans |
|
| US Expansion | |
| Manchu Wok | |
| Teriyaki Experience | 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 | |
| Teriyaki Experience | 0 |
| International Expansion | |
| Manchu Wok | |
| Teriyaki Experience | |