Manchu Wok vs Yoshinoya Franchise Comparison

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

Start-Up Costs and Fees

 
Manchu Wok Franchise
Yoshinoya Franchise
Investment $476,050 - $787,500$550,000 - $1,400,000
Franchise Fee $30,000$27,500
Royalty Fee 7%4%
Advertising Fee 1%-
Year Founded 19811899
Year Franchised 19890
Term Of Agreement 5 years10 years +5+5
Term Of Agreement 5 years10 years +5+5
Renewal Fee $3K per year-


Business Experience Requirements

 
Manchu Wok Franchise
Yoshinoya Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Manchu Wok Franchise
    Yoshinoya 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
    Yoshinoya Franchise
    Training -Our goal is to give you the tools you need to assist you in building a business from day one. Your Yoshinoya franchise training includes 1 week of extensive, on-site initial training for yourself at our training headquarters in Torrance, California, six weeks for your lead kitchen personnel and 12 weeks for your front of house store manager. Training includes up to four persons. We help you stay abreast of new developments by providing additional training. Examples could include new equipment, menu and operational training.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesDuring your first week of business operations, a Yoshinoya Franchise Operations staff member will work with you and your staff at your location to solidify your operational, quality and customer service. Yoshinoya's experienced field staff will regularly visit your location to evaluate your progress and suggest positive operations, profitability and marketing improvements.
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAs a Yoshinoya franchise owner, you will be supported by marketing to promote brand awareness and sales. Franchisees and company restaurants contribute to a fund for this purpose.
    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
    Yoshinoya 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 Yoshinoya

    Opportunity... It's in the Bowl. Success in business is partly about knowing what consumers want even before they ask for it. It's about recognizing trends and taking action. And, right now, the trends in American culture are well aligned for your new franchise with Yoshinoya. Yoshinoya started in 1899 in Japan. With over 1500+ units worldwide, 98 here in America, we are growing and seeking motivated franchisees to grow with us. Yoshinoya is the Home of the Original Beef Bowl. Wholesome, quick-serve Japanese style menu. Our Signature Beef Bowl, Chicken Teriyaki Bowls, Salads, Desserts and more are on the menu here, all styled for a Quick Serve restaurant. With our unique Japanese menu, quality ingredients and nutritional alternatives to typical fast food, Yoshinoya incorporates today's trends, from health and nutrition to convenience and ethnic influences. Now we're ready to expand to a neighborhood near you - act now to become a part of our ongoing growth!