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Updated RecentlyManchu Wok vs Asian Chao Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Manchu Wok vs Asian Chao including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $476,050 - $787,500 | $330,000 - $475,000 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | 7% | 6% |
| Advertising Fee | 1% | - |
| Year Founded | 1981 | 1991 |
| Year Franchised | 1989 | 2001 |
| Term Of Agreement | 5 years | 10 Years |
| Term Of Agreement | 5 years | 10 Years |
| Renewal Fee | $3K per year | $55000 |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/Yes |
| Payroll | No/No | No/Yes |
Training & Support |
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| Training | - | - |
| 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 | - |
| Operations |
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) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Manchu Wok
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.
About Asian Chao
We endeavor to be #1.
Establishment openings flourish over the United States, yet once in a while do you have an opportunity to consider a reasonable establishment opportunity with an industry pioneer and over two many years of accomplishment. Presently you do. Today, right around half of the organization stores of Food Systems Unlimited are being worked as fruitful establishments, gaining by diligent work, a demonstrated framework, and advancement. They are getting a charge out of long haul monetary autonomy through commitment to their business. As a result of our enthusiasm for nourishment, imaginative style, and a guarantee to quality and administration, the eateries that are a piece of the Food Systems Unlimited family consistently rank as a #1 administrator in deals.
Our unfaltering, steady deals development and overpowering purchaser fulfillment for our items, moves and strengthens our dedication to keeping up an elevated requirement in every aspect of operations. Our new and one of a kind cooking and creative outline help our eateries emerge and pull in clients who acknowledge quality sustenance at a reasonable cost. We just put resources into the best plan qualities as created by our in-house planners, designers, and CAD staff. Operation Training and Support, Recipe Training and Development, National Account Pricing, and On-going Quality gauges far surpass other existing nourishment court administrators.
Sustenance Systems Unlimited is focused on the proceeded with change of all regions of Operations as we extend broadly and universally. The Company offers diversifying chances to people who are vigorous and roused to convey "an incredible experience."