Manchu Wok vs Central Park Of America Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Manchu Wok vs Central Park Of America including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Manchu Wok Franchise
Central Park Of America Franchise
Investment $476,050 - $787,500$287,000 - $418,000
Franchise Fee $30,000N/A
Royalty Fee 7%-
Advertising Fee 1%-
Year Founded 1981-
Year Franchised 1989-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3K per year-


Business Experience Requirements

 
Manchu Wok Franchise
Central Park Of America Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Manchu Wok Franchise
    Central Park Of America Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Manchu Wok Franchise
    Central Park Of America Franchise
    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

     
    Manchu Wok Franchise
    Central Park Of America Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Central Park Of America

    The Central Park Double Drive-Thru concept is simple: Provide the highest quality products at the lowest possible prices, and do it by providing the Fastest, Friendliest Service available.