Manchu Wok

At a Glance

Products & Services: Chinese fast food

Number of Locations: 132

Total Investment: $396.1K - $589.8K

Founded: 1981

Began Franchising: 1989

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
2012 59 61 5 7
2010 77 63 0 27
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.

Startup Costs, Ongoing Fees and Financing

Total Investment: $396,100 - $589,800
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 Ranking History

Franchise 500®: #464 (2013),