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Updated RecentlyManchu Wok vs Tobu Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Manchu Wok vs Tobu 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 | - |
| Year Franchised | 1989 | - |
| 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 | -/- |
| 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 | 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 Tobu
TOBU sets the bar for the up and coming era of fast food ideas for Mall and Airport nourishment courts all through the nation. We as of late commended the Grand Opening of Tobu's Asian affected offerings at Simon Property Group's head Town Center at Boca Raton, Boca Raton Florida.
With a mix of diligent work, foreknowledge and advancement, TOBU has taken the standard of Asian speedy support of an altogether new level. Our perfect, eye-getting store appearance and similarly noteworthy sustenance quality has made TOBU the nourishment court most loved as a #1 administrator offering an assortment of particular and delectable menu things.
Pushing ahead, TOBU tries to give an imaginative style and a special option at Malls and Airports around the United States by serving just the finest fixings and introducing the most ideal feasting background.