Manchu Wok vs Fast Eddie's Franchise Comparison

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

Start-Up Costs and Fees
 
Manchu Wok Franchise
Fast Eddie's Franchise
Investment $476,050 - $787,500$245,000 - $295,000
Franchise Fee $30,000$25,000
Royalty Fee 7%-
Advertising Fee 1%-
Year Founded 19811987
Year Franchised 19891987
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3K per year-


Business Experience Requirements
 
Manchu Wok Franchise
Fast Eddie's Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Manchu Wok Franchise
    Fast Eddie's Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Manchu Wok Franchise
    Fast Eddie's Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    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)

    		-

    Expansion Plans
     
    Manchu Wok Franchise
    Fast Eddie's Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Fast Eddie's

    Fast Eddie's: A unique twin drive thru fast food concept, serving proprietary menu items, BigXtreme Burgers, CrazyFrys, and WildShakes.

    Lowest Royalty Structure, full support and a history of Success since 1987.