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Updated RecentlyTasty Thai vs Magic Wok Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tasty Thai vs Magic Wok including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $25,000 - And Up | $95,000 - $150,000 |
| Franchise Fee | $5,000 | $12,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | - | 3% |
| Year Founded | 2006 | 1983 |
| Year Franchised | 2006 | 1991 |
| Term Of Agreement | - | 10 years +10 |
| Term Of Agreement | - | 10 years +10 |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | Toledo, OH 3-4 Weeks |
| Support | - | Field Operation Evaluation Field Training Initial Store Opening Inventory Control Regional or National Meetings 800 Telephone Hotline |
| Marketing | - | - |
| Operations | - | Average Number of Employees: 2 Full-time, 8 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Tasty Thai
Cafe of Thai and Asian cuisine with full technical support, a brand
design, a layout design, a well-established good menu, document
circulation system, suppliers, branded packaging and uniform, full
assistance in establishing and launching the cafe.
Cost to open Tasty Thai
- Food court - from $25,000;
- Pavilion from - from $50,000;
- Restaurant - from $100,000.
About Magic Wok
Quick-service, made-to-order, hot oriental concept. Stand alone, mall, drive-thru, delivery, school lunch and other non-traditional operations. Low barrier to entry, high return on investment. Domestic and international.