Manchu Wok
At a Glance
Products & Services: Chinese fast food
Number of Locations: 167
Total Investment: $369.95K - 477K
Founded: 1981
Began Franchising: 1989
Private Owned
About Manchu Wok
Conceived and founded in 1980, Manchu Wok grew into a national chain across Canada and into the United States over the next nine years. Ownership changed in 1989, and expansion continued with a focus on the United States. Manchu Wok now has more than 185 stores, of which more than 70 percent are franchised.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 77 | 63 | 0 | 27 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $369,950 - $477,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $100,000
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).How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Local marketing programs
Franchise Search
Featured Franchises For Sale
Advertisement
Buy a Business or Franchise with Your Retirement Funds
Use IRA and 401(k) funds to start a business or Franchise - No Tax penaltiesClick HERE for More Info
