Manchu Wok vs Tin Drum Asia Cafe Franchise Comparison

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

Start-Up Costs and Fees
 
Manchu Wok Franchise
Tin Drum Asia Cafe Franchise
Investment $476,050 - $787,500$400,800 - $617,250
Franchise Fee $30,000$49,000 - $99,000
Royalty Fee 7%6%
Advertising Fee 1%1.5%
Year Founded 19812003
Year Franchised 19890
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3K per year50% of franchise fee


Business Experience Requirements
 
Manchu Wok Franchise
Tin Drum Asia Cafe Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Manchu Wok Franchise
    Tin Drum Asia Cafe 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
    Tin Drum Asia Cafe 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)

    We prefer to be located in lifestyle centers or mixed-use developments with lots of foot traffic and a good mix of other national and local tenants. We will also consider well-positioned neighborhood shopping centers; urban/downtown locations with strong daytime population and foot traffic; and areas near college and university campuses.

    Expansion Plans
     
    Manchu Wok Franchise
    Tin Drum Asia Cafe Franchise
    US Expansion -No
    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 Tin Drum Asia Cafe

    Founded in 2003, Tin Drum was created to reflect the bustling street-side cafes found throughout Asia. With the limited service operating model of fast casual and the dining experience of full casual, Tin Drum Asia Cafe is setting a new standard for the Fast Casual Dining franchise model. We call it "Fresh Casual." Our menu carries bold and broad flavor profiles; all food is cooked fresh to order in an open kitchen; the food is delivered to the guest at their table rather than being picked up at a counter; all this taking place in an environment with an elevated decor meant to evoke a bustling Asian street market.
     
    10% discount for veterans off initial franchise fee