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Updated RecentlyManchu Wok vs Valentine Restaurant Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Manchu Wok vs Valentine Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $476,050 - $787,500 | $225,000 - $275,000 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | 1% | 2.5% |
| Year Founded | 1981 | 1979 |
| Year Franchised | 1989 | 1979 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $3K per year | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | Yes |
| 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 Valentine Restaurant
The restaurant industry is known to be one of the most competitive fields to enter.
If you wish to enter the market in the restaurant field, you should hence partner with an organization that has already been proven to be successful. Valentine, with a solid reputation in the Quebec fast food industry since 1979, presents a judicious and profitable choice. Valentine has a recognized presence across Quebec, and has developed over the years, distinguished expertise and operational methods that have benefited the entire network.
Constantly innovating and in tune to the market trends, Valentine is a young and dynamic enterprise that is always on top of its game.
Why wait to join? Partner now with a winning organization and succeed in business!
At Valentine, our business model and the relationship of trust that
we’ve forged with our franchisees are the keys to our success. Over the
years Valentine has acquired a solid expertise and effective operational
procedures that benefit its entire franchise network throughout Quebec.