Manchu Wok
Chinese food

Manchu Wok
Chinese food

About
Founded

1981

Franchising Since

1989 (29 Years)

Corporate Address

9311 E. Via De Ventura
Scottsdale, AZ 85258

CEO

Stanley Ma

Ticker Symbol

MTY

Financial Requirements
Initial Investment

$441,050 - $713,500

Net-worth Requirement

$380,000

Liquid Cash Requirement

$150,000 - $200,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

7%

Ad Royalty Fee

1%

Support Options
Ongoing Support

Newsletter

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

120 hours

Classroom Training:

40 hours

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 - $441,050 High - $713,500
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

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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: September 12th, 2018
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