BD's Mongolian Barbeque vs Wok Box Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of BD's Mongolian Barbeque vs Wok Box including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
BD's Mongolian Barbeque Franchise
Wok Box Franchise
Investment $881,000 - $2,276,500$350,000 - $425,000
Franchise Fee $45,000$25,000
Royalty Fee 5%6%
Advertising Fee -3%
Year Founded 19922004
Year Franchised 19962005
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee 50% of fee at time of renewal-


Business Experience Requirements
 
BD's Mongolian Barbeque Franchise
Wok Box Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    BD's Mongolian Barbeque Franchise
    Wok Box Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    BD's Mongolian Barbeque Franchise
    Wok Box Franchise
    Training Company certified training restaurantPrior to the opening of your Wok Box Fresh Asian Kitchen, Wok Box will provide the franchisee with extensive training in one of our corporate stores and at our Head Office. During this training the franchisee will learn all the hands on aspects of preparing each dish, how to make orders to minimize product waste, the industry secrets to operating a successful restaurant, how to utilize the Point of Sale systems and most importantly allow the franchisee to become an integral part of the Wok Box team.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluationsWok Box regional Operations Managers and Master Developers will be in constant contact with all franchisees to ensure that the Wok Box product is being prepared consistently across the markets. These key people will provide Franchisees advice on how to improve their operations and ultimately will aid all Wok Box Fresh Asian Kitchens to succeed.
    Marketing Co-op advertising, Ad slicks, National mediaEach Wok Box Franchise contributes 3% of their gross sales to an advertising fund that will be used by Wok Box to maximize the exposure of the brand and products. Wok Box's Executive team has a wealth of knowledge for franchisees on how to best advertise and market their stores and will provide each store advice on how to promote their store in their individual market.
    Operations Franchisees required to buy multiple units/master licenses; 60% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 75 - 100

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    		A Franchisee who purchases a Wok Box Franchise does not have to personally operate the Wok Box restaurant. However, there must be a full time Manager who has satisfactorily completed the training course provided by Wok Box and is involved in the operations or overseeing of the restaurant. Wok Box does not want to jeopardize the brand by having untrained or inexperienced personnel operating the stores. It is critical to note that to a large part the success of a Wok Box franchise depends on the enthusiasm, work ethic, attitude, and entrepreneurial skills of the Franchisee. Therefore Wok Box strongly recommends that Franchisees be actively involved on a day-to-day basis in their restaurant. It will also provide a better support network if Franchisees have questions for management at Wok Box headquarters.

    Expansion Plans
     
    BD's Mongolian Barbeque Franchise
    Wok Box Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About BD's Mongolian Barbeque

    BD's Mongolian Barbeque is the world's number one Create Your Own Stir-Fry restaurant concept where the guests choose their own ingredients from a great variety of meats, seafood, vegetables, salads, sauces and spices. The food is then prepared by master grillers on a 600 degree 7-foot grill. Since 1992, has been delivering a unique, interactive dining experience that sets us apart from the competition. has created a growing band of loyal customers that believe passionately about their ability to take charge of their own dining event. We call this our "You Rule the Experience" philosophy. The guests don't just like bd's, they "love it" as they feel they can take ownership of their own dining experience.

    The total investment necessary to begin operation of a bd’s Mongolian Grill® Restaurant is $881,000 to $2,276,500. This includes $45,000 to $65,000 that must be paid to the franchisor or an affiliate.
    Development fees for Area Development Agreements are $45,000 for the first restaurant plus $10,000 for each additional restaurant that you agree to develop under the terms of the franchisor’s development schedule. These amounts will be credited against the payment of your initial franchise fees for each restaurant that you develop.

    About Wok Box

    Wok Box takes a different stance compared to competition when it comes to franchising; we provide franchisees with a foundation of support in addition to a superior product. Wok Box's goals are to see our Franchisee's happy through their successfully run business's, as well as to witness the Wok Box brand spreading across the globe. Wok Box Fresh Asian Kitchen is a brand that offers franchisees a sound model of operation with great support. Our extensive restaurant operations experience has laid the groundwork for building a successful system that caters to both the businessman as well as the customer. Wok Box, as a Franchisor, is interested in one thing: the success of every store we open. In order to do this Wok Box must provide constant support to their Franchisee's. This support is unique in the Franchise industry, just see for yourself!
    Wok Box will:- Ensure the best branding possible for our stores!
                        - Be available for questions, requests and 'sound boarding' of ideas!
                        - Perform regular store reviews to ensure consistent product at all stores!
                        - Host an Online Franchisee Bulletin Board to stimulate communication between Franchisee's and Franchisor!
                        - SUPPORT OUR FRANCHISEES!

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