Magic Wok vs Yogis Grill Franchise Comparison

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

Start-Up Costs and Fees

 
Magic Wok Franchise
Yogis Grill Franchise
Investment $95,000 - $150,000$268,050 - $434,055
Franchise Fee $12,500$30,000
Royalty Fee 5%3%
Advertising Fee 3%2%
Year Founded 19832005
Year Franchised 19912008
Term Of Agreement 10 years +10-
Term Of Agreement 10 years +10-
Renewal Fee --


Business Experience Requirements

 
Magic Wok Franchise
Yogis Grill Franchise
Experience --

Financing Options

 
Magic Wok Franchise
Yogis Grill Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Magic Wok Franchise
Yogis Grill Franchise
Training Toledo, OH 3-4 WeeksTraining will be available at our company headquarters, or at another exclusive location, and will last for 1 week. Members of our management team will conduct training. Training will be provided for 2 people per franchised business. Ongoing training is also available.
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

 
Magic Wok Franchise
Yogis Grill Franchise
US Expansion Yes-
Canada Expansion --
International Expansion Yes-

Company Overviews

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.

About Yogis Grill

The Yogis Grill is an excellent opportunity for you to own your own business in a growing industry with high upside potential.Yogis Grill Casual Japanese Restaurant. To support our current growth plans, we seek qualified individuals with passion, energy, and drive, who are capable of using our systems and support to develop their own successful business. We work with entrepreneurs to build strong and successful casual Japanese restaurant businesses. Our experience and leading edge systems provide each casual Japanese restaurant franchise with the direction that helps them achieve the goals they have for their business. Franchises are available in selected areas.