Manchu Wok vs Teriyaki Madness Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Manchu Wok vs Teriyaki Madness including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Manchu Wok Franchise
Teriyaki Madness Franchise
Investment $476,050 - $787,500$322,755,862,435
Franchise Fee $30,000$45,000
Royalty Fee 7%6%
Advertising Fee 1%3%
Year Founded 19812003
Year Franchised 19892005
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3K per year10% of franchise fee


Business Experience Requirements
 
Manchu Wok Franchise
Teriyaki Madness Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Manchu Wok Franchise
    Teriyaki Madness Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Manchu Wok Franchise
    Teriyaki Madness Franchise
    Training -On-the-job training: 195 hours Classroom training: 50.5 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesPurchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingCo-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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)

    		Number of Employees Required to Run: 10

    Expansion Plans
     
    Manchu Wok Franchise
    Teriyaki Madness Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    Company Overviews

    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 close to 150 stores, of which more than 70 percent are franchised.

    About Teriyaki Madness

    Teriyaki Madness is a fast-casual Asian inspired restaurant serving exceptional Teriyaki cuisine in a fun and relaxed atmosphere. Our menu offers an assortment of high quality meats grilled to perfection with our signature sauces, plus a variety of other popular Asian entrees and delicious side dishes.

    Veteran Incentives: 15% off franchise fee
    "Top #94 in Gator's Top franchises."Entrepreneur
    #461 in Franchise 500 for 2020.
    #247 in Franchise 500 for 2021.