City Wok
At a Glance
Products & Services: Contemporary Chinese restaurant
Number of Locations:
Total Investment: $243.4K - 568.5K
Founded: 1990
Began Franchising: 2004
Private Owned
Startup Costs, Ongoing Fees and Financing
Total Investment: $243,400 - $568,500
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $500,000
Operations
100% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 6 weeks. At franchisee's location: 6 weeks.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising,
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