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Updated RecentlyMagic Wok vs Happi House Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Happi House including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $95,000 - $150,000 | $427,000 - $598,500 |
| Franchise Fee | $12,500 | $30,000 |
| Royalty Fee | 5% | 4% |
| Advertising Fee | 3% | 2% |
| Year Founded | 1983 | 1976 |
| Year Franchised | 1991 | 1990 |
| 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 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 Happi House
Happi House teriyaki restaurants are a one-of-a-kind quick service chain that serves some of the most flavorful meals in the industry. Happi House draws crowds from all walks of life for original Teriyaki, Tempura, Salads, Noodle & Rice Bowls, and our legendary Teriyaki sauce. Happi House combines age- old family recipes with innovative cooking techniques that deliver satisfaction to guests craving quality, convenience, and value.
Asian quick-serve is one of the most exciting and fastest growing segments in franchised foodservice.
Happi House is the original quick service California teriyaki restaurant
serving the San Francisco Bay Area. The first Happi House location
opened in 1976 at the corner of 5th and Taylor Streets in San Jose's Japantown
as a result of tremendous demand from the local Asian community for a
comfortable, value-oriented neighborhood restaurant. Its model
integrates fresh California style teriyaki cuisine with a streamlined
cooking system that provides top quality products, speed of service, and
cost efficiencies.