Manchu Wok vs Vie & Nam Franchise Comparison

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

Start-Up Costs and Fees

 
Manchu Wok Franchise
Vie & Nam Franchise
Investment $476,050 - $787,500$175,000 - $500,000
Franchise Fee $30,000$30,000 - $40,000
Royalty Fee 7%-
Advertising Fee 1%-
Year Founded 19811979
Year Franchised 19892008
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $3K per year-


Business Experience Requirements

 
Manchu Wok Franchise
Vie & Nam Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Manchu Wok Franchise
    Vie & Nam 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
    Vie & Nam 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
    Vie & Nam Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion YesYes

    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 Vie & Nam

    Vie and Nam's idea depends on serving the most prevalent Vietnamese dishes in a stylish environment at a sensible cost. The all around enjoyed "Phò" soup, made of a fragrant juices prepared with star anise and cinnamon that has stewed for quite a long time, is one of our claims to fame. Unexpectedly, our dishes are set up with the freshest fixings.

    The contrast between the Vietnamese food and other oriental cooking styles is in the straightforward fixings that are utilized, alongside the sound method for setting them up. We offer barbecued meats prepared with lemon grass and presented with rice or vermicelli, our customary or fiery soup and our renowned fledgling's home made of fresh noodles and crunchy vegetables, and in addition our delectable bánh mì sandwich. What an incredible affair for our clients to appreciate - Vietnamese cooking presented with a cutting edge touch!