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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 |
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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 |
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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 |
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.
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.