Yoshi's vs Magic Wok Franchise Comparison

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

Start-Up Costs and Fees

 
Yoshi's Franchise
Magic Wok Franchise
Investment $142,000 - $215,000$95,000 - $150,000
Franchise Fee $20,000$12,500
Royalty Fee -5%
Advertising Fee -3%
Year Founded -1983
Year Franchised -1991
Term Of Agreement -10 years +10
Term Of Agreement -10 years +10
Renewal Fee --


Business Experience Requirements

 
Yoshi's Franchise
Magic Wok Franchise
Experience --

Financing Options

 
Yoshi's Franchise
Magic Wok Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Yoshi's Franchise
Magic Wok Franchise
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

 
Yoshi's Franchise
Magic Wok Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Yoshi's

Thank you for your interest in Yoshi's Franchise Program. We believe that the Japanese quick service concept is poised to surge in popularity and that Yoshi's Franchise Program is extremely well positioned to take advantage of this explosive growth. We are actively seeking enthusiastic, dedicated franchisees who believe in the potential of the Yoshi's concept.

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.