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Updated RecentlyManchu Wok Franchise
Chinese fast food
Conceived and founded in 1980, Manchu Wok grew into a national chain across Canada and into the United States over the next nine years. Ownership changed in 1989, and expansion continued with a focus on the United States. Manchu Wok now has close to 150 stores, of which more than 70 percent are franchised.
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How much does it cost to open a Manchu Wok Franchise?
The investment required to open a Manchu Wok Franchise is between $476,050-$787,500. There is an initial franchise fee of $30,000 which grants you the license to run a business under the Manchu Wok name.
Individual Unit Costs
- Initial Investment:
$476,050-$787,500 - Initial Franchise Fee:
$30,000 - Royalty Fee:
7% - Advertising Fee:
1% - Term of Agreement:
5 years - Renewal Fee:
$3K per year
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Manchu Wok To Debut Deep-fried Cheesecake
Manchu WOK has announced it is introducing deep-fried cheesecake to their menu. Made of a warm cheesecake filling wrapped inside a flaky crust, the product will make its debut in North America starting this month.
"There are a variety of dishes in Chinese cuisine that are wrapped in a light flak...
Waitress' 'Regular' Is Perfect Match For Her Kidney Transplant
Wait on people for a living, and you learn two things about life:
You can't survive without the regulars.
And the best tips never come in cash.
Barbara Rector knew that even before this week - the best week of her life.
She's 57 and has waited tables, on and off, since she was old enough to work...
Manchu Wok Entered Into The 13th Annual Frankie Awards
This year Manchu WOK was entered into the 13th Annual Frankie Awards. The Frankies are presented by the Canadian Franchise Association to those franchises that have produced advertising that deserves a standing ovation. Manchu WOK was entered into four categories – Brochures, Direct Marketing, ...
Happy New Year!
Farewell 2005, the year of the dog is upon us....
Cafe De Coral Holdings Limited And Ken Fowler Enterprises Limited Announce Agreement
Mr. Michael Y.K. Chan, Chairman of CAFE de CORAL Holdings Limited ("CDC"), Hong Kong's largest Chinese fast food chain, and Mr. Ken Fowler, Chairman & CEO of KEN FOWLER ENTERPRISES LIMITED (KFE), are pleased to announce that they have reached an agreement, upon which KFE agreed to sell and CDC agre...
Manchu Wok News & Press Releases
When did Manchu Wok start Franchising? 1989
International:
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Third Party Financing Source(s): Erwin Franchise Capital
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising
20% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 12
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
Business Experience:
To calculate how much income a franchise owner can do at Manchu Wok Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Manchu Wok and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Manchu Wok franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Manchu Wok
Manchu Wok
2 East Beaver Creek Road
Richmond Hill,
ON
L4B 2N3