Start-Up Costs and Fees |
||
| Wok Box | Samurai Sam's Teriyaki Grill | |
| Investment | 350000 - 425000 | 106300 - 432100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 3% | 1% |
| Year Founded | 2004 | 1994 |
| Year Franchised | 2005 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wok Box | Samurai Sam's Teriyaki Grill | |
| Experience | General business experience | |
Financing Options |
||
| Wok Box | Samurai Sam's Teriyaki Grill | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Wok Box | Samurai Sam's Teriyaki Grill | |
| Training | Prior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team. | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Support | Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed. | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Each Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market. | Co-op advertising, Ad slicks, Regional advertising |
| Operations | A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters. | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 25 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
||
| Wok Box | Samurai Sam's Teriyaki Grill | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Franchise Fee | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Royalty Fee | |
| Wok Box | 6% |
| Samurai Sam's Teriyaki Grill | 6% |
| Advertising Fee | |
| Wok Box | 3% |
| Samurai Sam's Teriyaki Grill | 1% |
| Year Founded | |
| Wok Box | 2004 |
| Samurai Sam's Teriyaki Grill | 1994 |
| Year Franchised | |
| Wok Box | 2005 |
| Samurai Sam's Teriyaki Grill | 1995 |
| Term Of Agreement | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | 15 years |
| Renewal Fee | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | $5K |
Business Experience Requirements |
|
| Experience | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | General business experience |
Financing Options |
|
| Franchise Fees | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Start-up Costs | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Equipment | |
| Wok Box} | |
| Samurai Sam's Teriyaki Grill | |
| Inventory | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Receivables | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Payroll | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
Training & Support |
|
| Training | |
| Wok Box | Prior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team. |
| Samurai Sam's Teriyaki Grill | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
| Support | |
| Wok Box | Wok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed. |
| Samurai Sam's Teriyaki Grill | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Wok Box | Each Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market. |
| Samurai Sam's Teriyaki Grill | Co-op advertising, Ad slicks, Regional advertising |
| Operations | |
| Wok Box | A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters. |
| Samurai Sam's Teriyaki Grill | 60% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 25 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| Canada Expansion | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |
| International Expansion | |
| Wok Box | |
| Samurai Sam's Teriyaki Grill | |