City Wok vs Teriyaki Experience Franchise Comparison

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

Start-Up Costs and Fees
 
City Wok Franchise
Teriyaki Experience Franchise
Investment $243,400 - $568,500$235,000 - $491,500
Franchise Fee $30,000$25,000
Royalty Fee 5%6%
Advertising Fee --
Year Founded 19901986
Year Franchised 20041987
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
City Wok Franchise
Teriyaki Experience Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    City Wok Franchise
    Teriyaki Experience 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
     
    City Wok Franchise
    Teriyaki Experience Franchise
    Training --
    Support Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising-
    Operations International franchisees required to buy multiple units/master licenses; 100% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed. (65% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    City Wok Franchise
    Teriyaki Experience Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About City Wok

    The dream was a contemporary yet casual restaurant offering authentic, upscale Asian cuisine. Today, City Wok is proud to be recognized by Restaurant Hospitality magazine as personifying the future of fast-casual dining.

    Stuart Davis opened his first City Wok in 1990, working extensively with Hing Fan Chan, an executive chef trained in Kowloon, China. While other restaurants may water down, Americanize or over-expand their menus to appeal to the masses, Davis created the City Wok concept from his desire to deliver authentic Chinese dishes in a style that appeals to Americans.

    About Teriyaki Experience

    Japanese inspired Asian quick-service restaurants, chosen #1 in this category by Entrepreneur Magazines' 2006 Franchise 500. "Our brand promise... nutritious, delicious meals prepared fast and fresh before your eyes --- cooked in water, not oil." The Teriyaki Experience franchise concept is a sizzling hot opportunity that serves up what consumers are looking for. Established in 1986, our concept hits the mark with the growing popularity of healthy eating in the fast food arena.
    Teriyaki Experience offers: - Turnkey operation - Branded store design - Proven operating system - Extensive training program - Ongoing operational support - Comprehensive marketing support - Chain strength of over 100 locations - Freshly prepared, delicious and nutritious menu offerings with wide market appeal.
    Over 115 locations throughout Canada, the U.S., the Middle East, Europe and Central America.