Manchu Wok
Chinese fast food

Manchu Wok
Chinese fast food

About
Founded

1981

Franchising Since

1989 (29 Years)

Corporate Address

85 Citizen Ct., #9
Markham, ON L6G 1A8

CEO

Kelvin Chen

Parent Company

Laidlaw Inc.

Financial Requirements
Initial Investment

$396,100 - $589,800

Net-worth Requirement

$350,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Classroom Training:

3 weeks

Absentee Ownership Allowed
Number of Employees Required to Run:

12

Bio
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.
Cost
Initial Investment: Low - $396,100 High - $589,800
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: April 27th, 2016
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