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Updated RecentlyManchu Wok vs Babaz Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Manchu Wok vs Babaz 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 | N/A |
| Franchise Fee | $30,000 | N/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 |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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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 | - |
| 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 Babaz
Looking for an investment opportunity that will allow you to operate your own business with financial success? Babaz, a growing company offers you the best of both worlds as well as financial security to help build your future. Babaz is always looking for ambitious and hard working people to become part of our growing team. Why Join Us? An investment in your future Highly developed retail marketing plans Effective and coordinated advertising Streamlined central supply source Comprehensive training program: theoretical, practical and on-site Knowledgeable field support team Site selection and lease negotiations Sell both services and products for complimentary profits Flat-rate royalty Food industry is recession proof Constant cash flow Over 50 years of combined experience Our winning team!