Woody's Chicago Style vs Xing Fu Tang Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Woody's Chicago Style vs Xing Fu Tang including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Woody's Chicago Style Franchise
Xing Fu Tang Franchise
Investment $58,600 - $394,000$289,000 - $943,500
Franchise Fee N/AN/A
Royalty Fee 6%-
Advertising Fee --
Year Founded 19902019
Year Franchised 19912020
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2K-


Business Experience Requirements
 
Woody's Chicago Style Franchise
Xing Fu Tang Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Woody's Chicago Style Franchise
    Xing Fu Tang Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/-
    Equipment No/Yes-/-
    Inventory No/Yes-/-
    Receivables No/Yes-/-
    Payroll No/Yes-/-

    Training & Support
     
    Woody's Chicago Style Franchise
    Xing Fu Tang Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing --
    Operations 6% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1 - 3

    Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Woody's Chicago Style Franchise
    Xing Fu Tang Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion NoYes

    Company Overviews

    About Woody's Chicago Style

    Woody's has many types of operation: Class A Franchise *Propane or electric format *Highly mobile *Operates without on-site utilities *Moderate to high volume *Trailer included Class B Franchise *High volume capacity *Greater presence *Propane or electric format *Limited Mobility *Trailer included Class C Franchise *Limited mobile format *220V, 40 amp power requirement *Fully self-contained *Established product line *Fully automatic equipment Class D Franchise: In-Line Store. Class D Twin Carts. Class D Kiosk. Class D Stand Alone. Class E Franchise: *Class A cart package included *Operates without on-site utilities *High volume capabilities *Additional specialized training included *Cart transport trailer included *Additional optional equipment available. Class K Kiosk Franchise was developed to accommodate the ever evolving mobile food service industry. This program enables a Franchisee to be open year round during some of the most extreme weather. This fully enclosed, self-contained kiosk unit is still considered a mobile unit, but is adaptable to municipalities that are looking for more of a permanent structure and less mobile. It can be customized to fit many code directed specifications of various deemed health departments or local code enforcement agencies. The kiosk allows vendors to offer a broader menu, and can accommodate more storage and cooking space than the traditional class A, B and C franchises, which in turn allows access to locations where foot traffic is more prevalent.

    About Xing Fu Tang

    "Xing

    The franchise that we offer is for a Xing Fu Tang business, a retail shop offering premium, Taiwanese-style boba or bubble tea beverages, featuring unique, stir fried, brown sugar tapioca pearls prepared according to a proprietary recipe, using high quality ingredients, and made fresh in front of the customer, and other menu items.

    The initial investment necessary to begin operation of a Shop under a franchise agreement ranges from $289,000 to $673,500. This includes $135,000 to $160,000 that you must pay to the franchisor or its affiliates.
    The initial investment necessary to begin operation of a Shop under a multi-unit development agreement depends on the number of Shops that you are authorized to develop and ranges from $404,000,000 to $943,500. This includes a development fees of $115,000 to 270,000 depending on the number of Shops that you are authorized to establish under the multi-unit development agreement.