|
Below is an in-depth analysis and side-by-side comparison of Magic Wok vs Sukiyaki including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $95,000 - $150,000 | $175,000 - $500,000 |
Franchise Fee | $12,500 | $30,000 - $40,000 |
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 |
||
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 | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | Yes |
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.
Built up in 1988, Sukiyaki has a long-standing convention in serving quick Japanese solace sustenance. Our Teppan-flame broil is our point of convergence - this is the place our most well known teriyaki and yakisoba dishes are newly arranged each day for our clients. Notwithstanding continually advancing with our clients' tastes, our menu now includes well known Japanese road style sustenance, for example, ramen noodles and Japanese curry dishes.
Sukiyaki is an idea made up of savvy, persevering and deferential individuals who realize that great fixings are the way to great sustenance and who are committed to offering their way of life and family conventions to their dependable clients. Our delightfully composed stores, including dim woods and striking red accents, catch the pith of old-world Japan. The pride and custom of the Japanese cooking are reflected in each part of our eatery.
Sukiyaki displays an idea of take out Japanese cooking. The formulas and items are made while regarding the Japanese culinary conventions. The Japanese implication of Sukiyaki, mix of cuts of meat presented with vegetables and sizzled on a cooking table, speaks to the embodiment of our idea. Our menu offers an assortment of noodles and rice presented with meat, chicken, fish or pork and sauteed vegetables. Finish your feast by picking one of our side dishes, which incorporate soups, sushis, and so on. Sukiyaki an exceptional Japanese joy understanding!