| ||||
Updated RecentlyMagic Wok Franchise
Oriental restaurant
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Magic Wok Franchise?
The investment required to open a Magic Wok Franchise is between $95,000-$150,000. There is an initial franchise fee of $12,500 which grants you the license to run a business under the Magic Wok name.
Individual Unit Costs
- Initial Investment:
$95,000-$150,000 - Initial Franchise Fee:
$12,500 - Royalty Fee:
5% - Advertising Fee:
3% - Term of Agreement:
10 years +10
Click here to compare with
franchises similar to Magic Wok
When did Magic Wok start Franchising? 1991
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2008 | 10 | 0 | 2 | 10 |
United States: Florida, Illinois, Indiana, Maryland, Michigan, Virginia
International: Mexico, Saudi Arabia
Training
Toledo, OH 3-4 Weeks
Support
Field Operation Evaluation
Field Training
Initial Store Opening
Inventory Control
Regional or National Meetings
800 Telephone Hotline
Average Number of Employees: 2 Full-time, 8 Part-time
Passive Ownership: Allowed, But Discouraged
To calculate how much income a franchise owner can do at Magic 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 Magic 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 Magic Wok franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Magic Wok
6540 West Central Ave.
Suite L
Toledo,
OH
43617-1095