| ||||
Updated RecentlyMagic Wok vs Mr. Whaw Grill & Restaurant Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Mr. Whaw Grill & Restaurant including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $95,000 - $150,000 | $43,450 |
| Franchise Fee | $12,500 | $6,500 |
| Royalty Fee | 5% | 5% |
| Advertising Fee | 3% | - |
| Year Founded | 1983 | - |
| Year Franchised | 1991 | - |
| Term Of Agreement | 10 years +10 | 5 years |
| Term Of Agreement | 10 years +10 | 5 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| 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 |
||
| 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 Mr. Whaw Grill & Restaurant
At Mr. Whaw Grill & Restaurant, you'll taste the difference of Emmanuel's fondness of food. His secrets; quality ingredients, grilling/cooking expertise and a relaxed and friendly atmosphere and one of a kind Litson Biik. A true Davaoeno together with his finest staff handed out the premises of tendering the mass with affordable, exceptional, family friendly restaurant that offers a most pleasant, non-stocking dining experience with plentiful, authentic home style cooking. With its tropical motif, accommodating service, affordable prices, delicious food and popular dessert, Mr. Whaw Grill & Restaurant spelled the equation of steady success in the grilling and restaurant business. Its armor against rigid competition is not only its captivating dishes but also its well-trained staff whose main objective is to preserve its excellent service and meet the client's expectations.
The cost of the franchise fee includes:
* Use of trade name and proprietary marks * Site approval * Training for franchisee, supervisor, crew * Procurement program * Opening assistance * Operations manual * Research and development