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Entrepreneur: Start & Grow Your Business

City Wok

Contemporary Chinese restaurant

Background

Founded: 1990 Franchising since: 2004
73744 Hwy. 11, #3
Palm Desert, California 92260
Phone:
(760)346-7764


Franchisor is a privately-held company with 6 employee(s); 10 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2006 1 0 0 4
2005 0 0 0 4

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 10K population/mile radius

Costs and Fees

Total investment: $243.4K-568.5K
Franchise fee: $30K
Ongoing royalty fee: 5%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $1M
Cash liquidity requirement: $500K
Business Experience:
  • General business experience

Operations
  • 100% of all franchisees own more than one unit
  • Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators)

Training and Support

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